Eurozone Bond Yields Decline, Move in Line with Treasury Yields
Dow Jones
Aug 20
0655 GMT - Eurozone government bond yields edge lower, moving in line with U.S. Treasury yields, in the aftermath of the U.S. Treasury's decision to raise the volume of long-end government debt buybacks. "Bunds continue to show signs of stabilisation after bullish buyback headlines from the U.S. Treasury," Commerzbank's Erik Liem says in a note. Bond supply will come from France, which will conduct two auctions, the first for short- and medium-term nominal bonds and the second for inflation-linked bonds. The 10-year Bund yield falls 1 basis point to 3.251%, according to Tradeweb.
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