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Euro zone bond yields slightly lower; inflation, rate outlook in focus
LONDON: Euro zone bond yields were slightly lower on Wednesday, continuing to stabilise after a period of sharp volatility, as investors tread cautiously ahead of US inflation data due later in the day. Investors are hoping to glean clues about the possible interest rate path ahead for the Federal Reserve from the data. Economists are expecting that headline inflation accelerated to an annual 3.6% in September due to rebounding energy prices. Germany’s 10-year bond yield, the benchmark for the euro zone, was down by less than a basis point at 3.4589%. Bonds have been tentatively stabilising an...
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