Eurozone government bond yields edged lower on Thursday, taking cues from a move by the U.S. Treasury to expand liquidity operations aimed at supporting long-dated coupon securities and easing pressure in longer-maturity debt markets.
According to Reuters, the U.S. Treasury's decision to increase the size of its operations comes as rising long-term yields have raised concerns among investors about financial conditions and borrowing costs. The move follows a period of renewed pressure on global bond markets, driven by persistent inflation concerns and expectations of increased government spending.
