Eurozone government bond yields remain unmoved by flash estimate June inflation data and remain higher on the day. Headline June inflation came in at 2.8%, down from 3.2% in May, and below analyst expectations of 3.0% in the Wall Street Journal's poll. Weaker data came as less of a surprise as it followed on from softer-than-anticipated inflation figures from Germany, France and Italy. The 10-year German Bund yield trades at 2.878%, up 1.6 basis points on the day after the data, unchanged from before the data, according to Tradeweb data. (emese.bartha@wsj.com)
Dow Jones Newswires
Eurozone Bond Yields Unmoved by Bigger-Than-Expected Inflation Deceleration — Market Talk
Eurozone government bond yields remain unmoved by flash estimate June inflation data and remain higher on the day. Headline June inflation came in at 2.8%, down from 3.2% in May, and below analyst expectations of 3.0% in the Wall Street Journal's poll. Weaker data came as less of a surprise as it f…