Eurozone Bond Yields Decline as Oil-Price Pressure Eases Slightly
Dow Jones
Sep 29
0821 GMT - Eurozone government bond yields decline, taking a breather from recent steep rises as the oil-price rise slows. Eurozone bond yields are helped, on the margin, by a slightly lower-than-expected Spanish inflation data. Although flash estimate Spanish inflation for September came in at a three-and-half-year high of 5.0% this was below analyst expectations of 5.1% in The Wall Street Journal's poll. Tuesday's supply comes from the Netherlands and Italy. The 10-year German Bund yield falls 2.7 basis points to 3.619%, according to Tradeweb. Declines in peer eurozone 10-year bond yields are of a similar magnitude. Front-month Brent crude rises 0.6% to $105.89.
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