Fed resolution and U.S. data spur risk appetite German bond yields expected to rise on weekly ba
Eurozone government bond yields are expected to close slightly higher on a weekly basis as the U.S. Federal Reserve Board of Governors policy meeting and employment data spurred appetite for risky assets. Investors expect rates to fall further as the Fed wins its battle against inflation. Germany's 10-year Bund yield was flat at 2.19%, on track to close 4 basis points higher this week. Money market prices showed that the market fully expects the ECB to cut rates by 25 basis points in December and sees about a 25% chance of further rate cuts this year.
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