LONDON (Reuters) – Euro zone government bond yields fell sharply on Tuesday, as expectations for a large European Central Bank rate hike this week eased after media reports that policymakers were considering a small rate hike.
After an initial rise, to 1030 GMT yields fell sharply across the group. German yields fell 6 to 20 bps DE2YT=RR, where 2 Year-to-date as low as 0.85%, the lowest since August 26.
Other yields fell 5 to 20 basis points, with several hitting their lowest since late August point
