Germany’s benchmark 10-year Bund yield retreated to -0.33% ( at time published) on Tuesday, as investors across the globe await US consumer price inflation data due later today to see whether the recent rise in price pressures is temporary or a sign of something more sustained.
Last week, bond yields across the currency bloc fell sharply, pushing prices up, after the European Central Bank on Thursday said it would moderately slow its pandemic emergency bond buying during the fourth quarter, but did not signal an end to the emergency stimulus.