Sumary of Euro zone bond yields dip, focus on ECB:
- Article content Euro zone bond yields were set to fall for the first time in three sessions on Thursday as investors continued to focus on messaging from the European Central Bank.
- The bloc’s bond yields have risen sharply this week as investors ramped up their bets on a ECB rate hike by the end of next year on Tuesday as several policymakers drew increasing attention to upside inflationary risks.
- Trading thinned on Thursday as U.S. traders were out for the Thanksgiving holiday and bond yields dipped.
- Article content Germany’s 10-year yield, the benchmark for the bloc, was down 2 basis points to -0.24% by 0836 GMT after rising 12 basis points over the previous three sessions.