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Germany's government bond yields edge lower on recession fears

IndiaTimes Wednesday, 25 October 2023
Germany's government bond yields fell as a business activity survey raised concerns of a possible recession in the euro zone. The survey showed a downturn in demand across the region, challenging the idea of persistently high interest rates. The European Central Bank (ECB) is expected to keep rates unchanged for now. Germany's 10-year yield was down at 2.82%, near an eight-day low, while Italy's 10-year yield rose to 4.85%. The ECB is closely monitoring the situation in the Middle East, which could impact inflation.
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