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Euro zone bond yields rise at start of ECB rate decision week
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Euro zone bond yields rise at start of ECB rate decision week
Sep 9, 2024 12:50 AM

LONDON, Sept 9 (Reuters) - Euro zone bond yields rose on

Monday after falling for four consecutive sessions, as investors

looked towards U.S. inflation data due on Wednesday and the

European Central Bank's latest interest rate decision on

Thursday.

Germany's 10-year bond yield, the benchmark for

the euro zone bloc, rose 4.1 basis points (bps) to 2.21%. Yields

move inversely to prices.

Italy's 10-year yield was 3.7 bps higher at

3.59%, and the gap between Italian and German bond yields

stood at 137 bps.

Germany's two-year bond yield, which is more

sensitive to European Central Bank rate expectations, was up 3

bps at 2.26%.

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