- Euro zone borrowing costs were mixed on Thursday, after a bond selloff paused the day before as yields hit crucial levels and the German curve reached its least inverted since March.
Weak economic data might boost expectations that central banks could cut rates soon keeping the yield curve inverted. Deutsche Bank analysts said in a note,"the recovery accelerated with bad employment data, so the answer to how to get out of the recent rout was clearly the return of 'bad news is good news'."
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