Govvie yields down as Draghi goes dovish

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Govvie yields down as Draghi goes dovish

European Central Bank cuts interest rates to historic low
President of the European Central Bank (ECB) Mario Draghi speaks during a press conference in Frankfurt am Main, Germany, 05 June 2014. The European Central Bank cuts interest rates to an historic low of 0.15 per cent to spur economic growth and bank lending. Photo: ARNE DEDERT/dpa | Arne Dedert/DPA/Press Association Images

Eurozone government yields dropped several basis points after European Central Bank president Mario Draghi hinted at a press conference on Thursday afternoon that the central bank would boost monetary easing.

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