Euro govvies sink to record lows as ECB fires up fresh stimulus

ECB_Fotolia_230x150
By Burhan Khadbai
12 Sep 2019

The yields on core and peripheral eurozone government bonds sank to record low levels following the announcement of a broad stimulus package on Thursday, comprising the restart of net asset purchases, a 10bp rate cut and a tiered deposit rate system for banks.

There was little movement in core and peripheral eurozone bond yields in the run up to the meeting, with the 10 year Bund trading at minus 0.55% and 10 year BTPs at 0.98%. But immediately following the announcement, the yield on the 10 year Bund dropped to a ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.