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ECB's stimulus signal pushes euro zone bond yields to new lows
September 8, 2017 / 6:28 AM / 2 months ago

ECB's stimulus signal pushes euro zone bond yields to new lows

LONDON, Sept 8 (Reuters) - Government bond yields in the euro area fell to multi-month lows early on Friday, extending the previous day’s decline after the European Central Bank signalled a slow exit from its monetary stimulus scheme .

Germany’s benchmark 10-year bond yield fell to 0.286 percent , its lowest since late June. Two-year bond yields fell to 4 1/2-month lows at minus 0.796 pct.

In southern Europe, Portuguese bond yields fell to their lowest in more than a year at 2.702 percent. They slid 13 bps on Thursday, their biggest one-day fall since April . (Reporting by Dhara Ranasinghe, editing by Larry King)

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