Germany's 2-year yield > dropped 6 bps to 3.0% after hitting its lowest since Feb 24 at 2.959%. Short-dated yields are most sensitive to changes in the policy rate outlook. The U.S. 2-year Treasury yield was down 12.5 basis points (bps) to 4.46% after touching its lowest level since Feb 6 at 4.343%. (Reporting by Stefano Rebaudo, editing by Dhara Ranasinghe)
Messaging: stefano.rebaudo.thomsonreuters.com@reuters.net ));)) (Refiles to change "prompt" to "prompts" in headline)
March 13 (Reuters) - European short-dated bond yields
fell on Monday, moving with U.S. peers, as investors assessed
the broader fallout from Silicon Valley Bank's collapse after
U.S. authorities launched measures to shore up confidence in the
banking system.
A rush into safe-haven assets triggered a tumble in euro
area borrowing costs on Friday, while risk appetite was
resilient on Monday as investors bet on a less aggressive
monetary tightening path from the Federal Reserve.
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