Eurozone government bond yields edge lower, moving in line with U.S. Treasury yields. Scope for Bund yields to fall much further is likely limited, says Commerzbank's Christoph Rieger. "Lower inflation numbers and no rebound in oil prices are probably needed to sustain 10-year Bund yields close to 2.85%," he says. There is no government bond supply in the eurozone on Tuesday, while the European Central Bank's forum in Sintra, Portugal could provide some further insight following President Christine Lagarde's introductory speech on Monday. The 10-year Bund yield falls 0.9 basis points to 2.846%, according to Tradeweb. (emese.bartha@wsj.com)
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Eurozone Bond Yields Decline — Market Talk
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Eurozone government bond yields edge lower, moving in line with U.S. Treasury yields. Scope for Bund yields to fall much further is likely limited, says Commerzbank's Christoph Rieger. "Lower inflation numbers and no rebound in oil prices are probably needed to sustain 10-year Bund yields close to…