Euro zone bond yields edge lower as Biden abandons electoral race
Euro zone bond yields were slightly lower on Monday as investors assessed what U.S. President Joe Biden's decision to drop out of the 2024 election might mean for financial markets and the global monetary policy outlook.

Biden announced on Sunday he would be abandoning his reelection bid and face off against former President Donald Trump, under growing pressure from fellow Democrats as concerns mounted about his age and health.
Vice President Kamala Harris is now favourite to win the Democratic nomination and challenge Trump at November's election.
Germany's 10-year yield DE10YT=RR, the benchmark for the euro area, was last down less than 1.5 basis points (bps) at 2.447%.
Germany's two-year yield DE2YT=RR, which is more sensitive to changes in monetary policy expectations, was little changed at 2.775%.
The European Central Bank last week kept its policy settings unchanged, and its president, Christine Lagarde, said its next decision on Sept. 12 was "wide open".
Italy's 10-year yield DE10IT10=RR was down 1 bp at 3.762%, keeping the closely watched 10-year yield gap between Italy and Germany - a gauge of risk investors require to hold Italian bonds - steady at 130 bps.
İlgili Haberler
Most Read News
-
Italy bans cellphone use in high schools during educatio
-
US Embassy in Israel orders staff to shelter in place, s
-
Macron says forcing regime change in Iran would be 'stra
-
All refinery facilities at Haifa oil refinery shut down
-
Russia, Ukraine declare 5th swap of bodies under deal re
-
Israeli army strikes eastern Tehran after evacuation ord
-
China urges citizens to leave Israel ‘as soon as possibl
-
'Everyone should immediately evacuate Tehran!': Trump
-
Iran stages fresh missile barrage at Israel as conflict
-
Israeli army kills 63 more Palestinians in Gaza, includi