Germany's 2-year yield , most sensitive to changes
in interest rate expectations, was down as much 25 basis points
(bps) to 2.443%, its lowest level since Jan. 19.
The 2-year yield, which is highly sensitive to ECB interest
rate expectations, stood above 3.3% last week.
Markets are now pricing in a 25 basis point hike as the most
likely outcome at the ECB's policy meeting on Thursday, having
priced in a 50 basis point hike with near certainty last week.
(Reporting by Samuel Indyk; Editing by Amanda Cooper)
LONDON, March 14 (Reuters) - Short-end euro area yields
continued to tumble on Tuesday as the fallout from the collapse
of Silicon Valley Bank (SVB) had investors betting on reduced
policy tightening from the European Central Bank.
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