December 7, 2023Thomson Reuters

Euro zone bond yields trade near seven-month lows before US jobs data

Germany's 10-year bond yield was last down less than 1 basis point (bp) at 2.205%, just above its lowest level in seven months

Source: Freepik

Italy's 10-year bond yield was last up unchanged at 3.957% after falling to 3.95% on Wednesday, the lowest since July

Source: Pexels

Germany's 2-year bond yield, which is sensitive to ECB rate expectations, was last down 1 bp at 2.596% after falling to its lowest since May at 2.57% on Wednesday

Source: Pexels

German industrial output fell unexpectedly on Thursday for the fifth month in a row in October

Source: Freepik