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Euro zone bond yields, euro steady after ECB rate cut
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Euro zone bond yields, euro steady after ECB rate cut
Jan 30, 2025 5:43 AM

LONDON, Jan 30 (Reuters) - Euro zone government bond

yields and the euro held steady on Thursday after the European

Central Bank cut interest rates by 25 basis points to 2.75%, as

expected.

The German 10-year bond yield, the benchmark for

the euro area, was last down 6 basis points on the day at 2.51%,

having dropped earlier after weak growth data.

The euro was down 0.2% against the dollar at

$1.0403, broadly in line with where it was trading before the

decision.

The pan-continental STOXX 600 index was up 0.6% at

537.23 points, within a whisker of its record intraday high of

537.7 reached earlier in the session.

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