December 15, 2023Thomson Reuters

Euro area government bond yields fall after PMI data

Germany's economic downturn worsened this month, a preliminary survey showed on Friday, pointing to a recession in Europe's biggest economy at the end of the year

Source: Pexels

French business activity also declined faster than expected in December

Source: Pexels

Germany's 10-year government bond yield, the benchmark for the euro area, fell 5 basis points (bps) to 2.073%. On Thursday, it hit its lowest since March at 2.029%

Source: Freepik