# Euro zone bond yields drop as inflation data supports ECB easing hopes

> Euro zone bond yields fell on Friday after inflation slowed to 2.2% from 2.6%, matching expectations. The German 10-year yield dropped 3 basis points to 2.253%, and traders priced a 98% chance of a September ECB cut.

- Date: 2024-08-30 · published 2024-08-30T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/29012-euro-zone-bond-yields-drop-as-inflation-data-supports-ecb-easing-hopes
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Lower euro-zone yields and stronger easing expectations are a macro factor that can soften the euro and weigh on the dollar index, with no direct supply effect on feed.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2023-08-31 | [After mixed euro zone inflation data, where do ECB interest rate odds stand now?](https://feedsoft.ai/events/34813-after-mixed-euro-zone-inflation-data-where-do-ecb-interest-rate-odds-stand-now.md) | -2.0% | -3.2% |
| EURUSD | 2022-03-10 | [Euro zone bond yields soar as ECB presses on with stimulus exit \| Reuters](https://feedsoft.ai/events/42466-euro-zone-bond-yields-soar-as-ecb-presses-on-with-stimulus-exit-reuters.md) | -0.7% | -1.4% |
| EURUSD | 2024-08-30 | [Euro zone inflation, August 2024](https://feedsoft.ai/events/29009-euro-zone-inflation-august-2024.md) | 0.0% | +0.7% |
| EURUSD | 2026-05-20 | [Euro hits fresh six-week lows after Eurozone's final inflation data](https://feedsoft.ai/events/19474-euro-hits-fresh-six-week-lows-after-eurozone-s-final-inflation-data.md) | +0.2% | -0.1% |
| EURUSD | 2022-03-10 | [Euro eases after ECB meeting, while dollar firms following inflation data \| Reuters](https://feedsoft.ai/events/9527-euro-eases-after-ecb-meeting-while-dollar-firms-following-inflation-data-reuters.md) | -0.7% | -1.4% |

## Sources

- zawya.com: https://www.zawya.com/en/markets/bonds-and-loans/euro-zone-bond-yields-drop-as-inflation-data-supports-ecb-easing-hopes-ktimunh6

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.