Reported about 21 hours ago
Bonds in Europe experienced a decline on Friday as low trading volumes contributed to a significant selloff for December. Traders are anticipating a slower pace of interest-rate cuts from central banks, leading to a rise in 10-year German bond yields to 2.40%, while US Treasuries showed relative strength. Additional factors, including rising natural gas prices and uncertain geopolitical conditions, may impact inflation and consequently the European Central Bank's ability to adjust interest rates further. This month marks the biggest rise in German bond yields since September.
Source: YAHOO