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Euro zone bond yields rise after European Central Bank delivers 'hawkish' cut - TL;DR CNBC

Euro zone bond yields rise after European Central Bank delivers 'hawkish' cut

Publishing timestamp: 2024-06-06 10:28:51


Summary

Euro zone government bond yields rose after ECB announced its first interest rate cut in five years. Market watchers are uncertain about what happens next, with potential impact on stocks, currencies, and bonds. U.S. Treasurys also rose as investors monitored weekly jobless claims for potential Federal Reserve rate cuts. Interest rate divergence between euro zone and U.S. likely to drive market action in the coming months.


Sentiment: NEUTRAL

Tickers: US10YIT10Y-ITES10Y-ESDE10Y-DEDE2Y-DE

Keywords: marketsbreaking news: marketsbusiness newsu.s. 10 year treasuryworld economybonds

Source: https://www.cnbc.com/2024/06/06/euro-zone-bond-yields-rise-after-ecb-delivers-hawkish-cut-.html


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