PrintEuro zone yields dip after ECB holds rates and oil prices cool
BY Reuters | ECONOMIC | 04/30/26 08:30 AM EDT(Updates after ECB decision)
By Amanda Cooper and Harry Robertson
LONDON, April 30 (Reuters) - Euro zone government bond yields dipped after the European Central Bank held interest rates at 2% on Thursday, helping them extend a fall caused by a retreat in oil prices from four-year highs.
Germany's 2-year bond yield, which is sensitive to ECB interest rate expectations, was last down 6 bps at 2.653%.
It rose as high as 2.76% earlier in the session as oil climbed on the back of fears about further escalation in the Iran conflict, but has since retreated along with energy prices.
The euro fell very slightly after the ECB's decision, but was last up 0.2% at $1.17, while European stocks slightly extended their gains and were last up 0.9%.
The ECB signalled its rising concerns over soaring inflation as it held rates. Financial markets expect two or three rate rises this year, including one in June.
(Reporting by Harry Robertson; Editing by Amanda Cooper)
