October 13, 2017 / 6:38 AM / in a year

Euro zone bond yields lower on ECB asset purchase report

LONDON, Oct 13 (Reuters) - Euro zone government bond yields edged lower on Friday after a report overnight that European Central Bank policymakers had broadly agreed on an extension of the 2.3 trillion-euro bond-buying scheme into next year.

Ratesetters have broadly agreed to extend asset purchases at a lower volume at their October policy meeting, with views converging on a nine-month extension, five people with direct knowledge of the discussion told Reuters.

Germany’s 10-year govt bond yield fell 1 basis point to 0.44 percent and most other euro zone bond yields were lower 1-2 bps, according to Tradeweb data. (Reporting by Abhinav Ramnarayan, Editing by Sujata Rao)

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