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Eurozone government bond yields are stable in anticipation of US stimulus

Eurozone government bond yields are stable in anticipation of US stimulus9/9 2/9

MILAN (Reuters) - Eurozone government bond yields stabilized on Wednesday, supported by hopes for swift approval of new stimulus measures in the US. At the same time, expectations of a softening of ECB policy restrain possible growth.

Senate Majority Leader Mitch McConnell said on Tuesday that Congress should include fresh stimulus in a $ 1.4 trillion spending bill aimed at preventing government shutdowns..

ECB Chief Economist Philip Lane will speak at the Thomson Reuters Global Investment Summit later Wednesday ahead of the ECB's December 10 meeting. European Central Bank Expected to Increase and Extend Emergency Asset Purchase Program (PEPP).

German 10-year government bond yields were at -0.525%, near a three-week high.

Italian 10-year Treasury bonds yield 1 basis point down to 0.631%.

(Stefano Rebaudo. Translated by Olga Vishnevskaya. Editor Marina Bobrova)

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