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European Union bond yields rise after MSCI index exclusion
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European Union bond yields rise after MSCI index exclusion
Jun 13, 2024 12:22 AM

June 13 (Reuters) - Yields on bonds issued by the

European Union rose on Thursday, underperforming the broader

market, after MSCI said it would not include the paper in its

government debt indexes.

Global index compiler MSCI said on Wednesday it would not

include the EU's debt in its government bond indexes following

an investor consultation in a setback for the bloc's ambitions

to be treated like a state by investors.

The EU's 10-year bond yield rose 7 basis

points on the day to 3.125% and its 30-year bond yield

was up 7 bps to 3.51%, Tradeweb prices

showed, while other euro zone government bond yields were flat

to a basis point higher.

.

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