Arab Today, arab today eurozone bond yields fall as us keeps interest rates on hold
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

Eurozone bond yields fall as US keeps interest rates on hold

Arab Today, arab today

Arab Today, arab today Eurozone bond yields fall as US keeps interest rates on hold

Investors snap up eurozone bonds
Paris - AFP

Investors snapped up eurozone bonds Friday, anticipating the European Central Bank may step more heavily into the market after the US decision to keep interest rates on hold.

Around 0930 GMT the rate of return to investors in secondary trading of benchmark 10-year German government bonds fell to 0.686 percent from 0.781 on Thursday evening before the US Federal Reserve held its key interest rate locked at zero citing worries about how the slowdown in China will hit the US economy.

The yield on similar French bonds fell to 1.058 percent from 1.164 percent, while Spanish bonds slid to 2.017 percent from 2.092 percent and Italian debt dropped to 1.1810 percent from 1.904 percent.

The fall in German bond yields was the biggest since early July, while Italian and Spanish bond yields sank to their lowest since late August, Bloomberg News reported.

The US rate decision followed a pledge earlier this month by the European Central Bank to scale up its contentious QE stimulus programme of bond purchases if the eurozone recovery stalls.
"If the developments over summer held the Fed back from moving when they’re at the beginning of a tightening cycle, what does that mean for the ECB, who are still in the midst of easing?" Laurence Mutkin, global head of Group-of-10 rates strategy at BNP Paribas SA in London, said in an interview on Bloomberg Television’s "Countdown" programme with Guy Johnson.

"It implies that there ought to be more easing to come. We think during the fourth quarter they’re going to announce an extension of QE,” Mutkin was quoted as saying by Bloomberg News.

Increased ECB purchases of government bonds would push down yields, thus investors looking to lock in future interest returns have an incentive to buy now.

Short-term investors could also gain if the ECB steps up purchases, as that would raise the prices for bonds, which move inversely with the yield.

Outside the eurozone, the yield on British 10-year bonds also fell, to 1.858 percent from 1.955 percent.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eurozone bond yields fall as us keeps interest rates on hold Arab Today, arab today eurozone bond yields fall as us keeps interest rates on hold

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eurozone bond yields fall as us keeps interest rates on hold Arab Today, arab today eurozone bond yields fall as us keeps interest rates on hold

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%

GMT 13:43 2017 Monday ,15 May

Oman share index declines marginally
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday