Eurozone bond yields rise; Wait for a large supply, ZEW data

Eurozone bond yields rise; Wait for a large supply, ZEW data


Updated October 17, 2023 at 3:11 a.m. ET

07:03 GMT – Euro zone government bond yields rise slightly ahead of massive issuance from Germany, Finland, the Netherlands and Spain, as well as Germany’s ZEW economic confidence index. “The menu (of issues) is very heterogeneous and includes short and long-term bonds, nominal and inflation-linked bonds and conventional and green securities,” explain analysts at UniCredit Research in a note. As for the ZEW index, the growth-expectations component should increase slightly. “The main trigger will probably be the anticipation by survey participants of a low point in the German economy at the end of the year, followed by a slight recovery,” analysts say. The 10-year Bund yield is trading up nearly 3 basis points at 2.814%, according to Tradeweb. (emese.bartha@wsj.com)

Copyright ©2023 Dow Jones & Company, Inc. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8



With a penchant for words, Eleon Smith began writing at an early age. As editor-in-chief of his high school newspaper, he honed his skills telling impactful stories. Smith went on to study journalism at Columbia University, where he graduated top of his class. After interning at the New York Times, Smith landed a role as a news writer. Over the past decade, he has covered major events like presidential elections and natural disasters. His ability to craft compelling narratives that capture the human experience has earned him acclaim. Though writing is his passion, Eleon also enjoys hiking, cooking and reading historical fiction in his free time. With an eye for detail and knack for storytelling, he continues making his mark at the forefront of journalism.
Back to top button