Euro zone bond yields plunge, spreads tighten amid recession fears

The Star Business LogoThe Star Business1 mo ago

Euro zone bond yields plunge, spreads tighten amid recession fears

Quick Summary AI Powered

Euro zone bond yields tumbled on Friday as traders shrugged off a record inflation reading and instead stormed into government debt on renewed fears of a recession.

Two-year yields also dropped sharply, losing more than 30 basis points since Monday in their biggest weekly decline since March DE2YT=RR.

In the United States, benchmark Treasury yields US10YT=RR skidded more than 20 basis points to around 2.8%, one of the biggest one-day moves since 2020.

More Pictures


Article Details

Author / Journalist: The Star Online

Category: Economy

Topics: ECB European /Business/Business News Markets Bonds Rates

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-01, 23:48:00

News Timezone: GMT +8:00

News Source URL:

Language: English

Reading Time: 4 minutes read

Article Length: 553 words

Coverage Area: Malaysia

Availability: Desktop Web, Mobile Web

News ID: 25451

View Article Analysis

About The Star Business

The Star Business Logo

Main Topics: Economy

Official Website:

Update Frequency: 36 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 10h ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

BEAMSTART brings you the latest news, jobs, and events from all around the world on startups, technology, and business. Stay updated with industry news, plug-in to exciting events, and discover incredible career opportunities with the world's most innovative companies.

© Copyright 2022 BEAMSTART. All Rights Reserved.