LONDON, Aug 23 (Reuters) - Euro zone bond yields held
steady on Friday, after rising the previous day, as investors
waited for a potentially market-moving speech by U.S. Federal
Reserve Chair Jerome Powell.
Germany's 10-year bond yield, the benchmark for
the euro zone bloc, was little changed at 2.24%.
Markets will be listening closely to Powell for any hints
about how much the Fed might lower interest rates this year,
which could in turn influence other global central banks.
Italy's 10-year yield was lower by 0.7 basis
points (bps) at 3.61%, and the gap between Italian and German
yields narrowed 1.2 basis points to 136 bps.
Germany's two-year bond yield, which is sensitive
to European Central Bank rate expectations, was little changed
at 2.4%.