LONDON, Aug 28 (Reuters) - Euro zone bond yields were
little changed on Wednesday after rising the previous day, as a
light economic calendar left the focus of global markets on chip
company Nvidia's earnings report after the U.S. close.
German 10-year bond yield, the benchmark for the
euro zone bloc, fell 0.9 basis points (bps) to 2.27%. The yield,
which moves inversely to the price, hit a one-month high of 2.3%
on Tuesday.
Italy's 10-year yield was lower by 1.9 bps at
3.65%, and the gap between Italian and German yields
narrowed 1.2 basis points to 137 bps.
Germany's two-year bond yield, which is more
sensitive to European Central Bank rate expectations, was little
changed at 2.4%.