Euro zone bond yields fall after ECB hikes rates by 25 basis points

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, May 4 (Reuters) - Euro zone government bond yields slipped along with the euro on Thursday after the European Central Bank raised interest rates by 25 basis points (bps), as expected. Germany's 10-year bond yield was last roughly flat at 2.255% , having traded 3 bps higher at 2.283% just before the decision.


The two-year German yield , which is sensitive to interest rate expectations, slipped further and was last down 7 bps to 2.613%, compared to 2.683% before the decision. Yields move inversely to prices. The euro edged lower after the decision and was last down 0.2% at $1.1039. The STOXX 600 index maintained losses and was last down 0.9%.
(Reporting by Harry Robertson; editing by Danilo Masoni)

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