Eurozone Bond Yields Barely Move After Fed, Before ECB Meetings

0631 GMT – Eurozone government bond yields are trading broadly flat between two key central bank meetings, as the U.S. Federal Reserve delivered a 25 basis-point interest-rate rise as expected on Wednesday, and guided the market toward a pause. On Thursday, meanwhile, the European Central Bank is set to raise interest rates, with the market pricing in an 80% probability of a 25b increase which would bring the deposit rate to 3.25%, according to Refinitiv. The 10-year German Bund yield is unchanged at 2.253%, while the two-year Schatz yield is trading at 2.648%, down about 1.5bp, according to Tradeweb. (emese.bartha@wsj.com)

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