European Bond Yields Hold Near One-Month Lows as Oil Slide Eases Inflation Fears - BigGo Finance

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Eurozone government bond yields were little changed on Tuesday, with the German 10-year Bund hovering near its lowest level in more than six weeks, as a steady decline in crude prices gave fixed-income investors a disinflationary cushion before a closely watched U.S. inflation reading. The benchmark Bund yield held at 3.253%, consolidating after falling on Monday to its weakest point since late September. The policy-sensitive two-year German yield was also flat at 2.979%, with traders reluctant to take fresh positions ahead of the U.S. data. Crude futures slipped another 1% to $91.56 a barrel, the lowest since early September and well below the $100 mark.