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Euro zone yields rise as markets weigh Trump's tariff plans
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Euro zone yields rise as markets weigh Trump's tariff plans
Feb 4, 2025 12:21 AM

Feb 4 (Reuters) - Euro zone bond yields rose on Tuesday,

while investors weighed the impact of U.S. President Donald

Trump's tariffs as levies on China came into effect.

Minutes after the U.S. tariffs took effect, China announced

it was slapping tariffs on some U.S. imports. Trump on Monday

paused levies on Mexico and Canada at the last minute.

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

the euro zone bloc, rose 3 basis points (bps) to 2.42%, after

falling 7 bps on Monday.

Yields move inversely to prices.

Italy's 10-year yield was higher by 2.5 bps at

3.527%, and the gap between Italian and German yields

stood at 110 bps.

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

sensitive to European Central Bank rate expectations, was up 2

bps at 2.057%.

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