Euro zone bond yields rise ahead of ECB meeting

LONDON, Jan 27 ― European government bond yields edged higher today as traders looked ahead to the European Central Bank's interest rate decision next week.

Traders think a second consecutive 50 bp hike from the ECB on Thursday next week is almost nailed on. “Now as we head into the ECB there's certainly an element of caution. We're pausing in terms of trying to understand where the next moves might be.”The closely watched gap between Germany and Italy's 10-year yields widened to 194 bps from an 8-month low of 164 bps touched on January 19.

Yet it hit a one-month low of 1.967 per cent on January 18 as investors hoped falling energy prices and cooling inflation would allow the ECB to stop hiking interest rates sooner than previously expected.

Source: Loan Digest (loandigest.net)

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European Human Rights Court to rule on MH17 todayThe third, Netherlands v. Russia (no. 28525/20), concerns the downing of MH17 over eastern Ukraine, killing 298 persons, including 196 Dutch nationals. theSun thesundaily MH17 ECHR Ukraine MalaysiaAirlines
Source: theSundaily - 🏆 25. / 51 Read more »

European rights court rules Ukraine, MH-17 cases against Russia are admissibleAMSTERDAM, Jan 25 —The European Court of Human Rights said cases brought by Ukraine and the Netherlands against Russia over alleged human rights violations in the breakaway...
Source: malaymail - 🏆 1. / 86 Read more »