Steady Euro Zone Yields Amid Trade Tensions & Market Anxieties

News Snapshot:

Euro zone bond yields held steady on Wednesday, having earlier climbed to multi-week highs, as global markets continued to gauge the impact of easing trade tensions. Investors were primarily focused on U.S. economic indicators expected to be released on Thursday, which are anticipated to offer more clarity on the tariff phase one effects. The market remained cautious as the impacts of the U.S.-China trade discussions, coupled with U.S. President Donald Trump's assertive trade measures unveiled in April, stoked inflation and hindered global economic growth. Despite a temporary reduction in tariffs, concerns over tariffs remaining significantly above previous rates persisted, according...