European Yields Reflect Slow Inflation Adding to Pressure on ECB

Updated on
  • Draghi's preferred expectations gauge drops to one-month low
  • European bonds pare advance as economic confidence improves

Spanish 10-year bond yields reached the lowest level in almost seven weeks amid speculation that the European Central Bank’s stimulus measures won’t boost inflation toward its goal anytime soon, underpinning the case for more easy monetary policies that have supported prices.

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