European bond yields seek direction amid dearth of US data

Euro zone bond yields were little changed on Friday amid a dearth of U.S. economic data due to the Washington government shutdown, with the release of the key U.S. jobs report likely being delayed.

That left markets in the dark about the national job picture. Analysts said the focus will be on U.S. ISM service data instead.

The German 10-year bond yield, the benchmark for the euro zone bloc, was steady at 2.7%.


Italy's 10-year yield edged 0.7 basis points lower to 3.54%, and the gap between Italian and German bunds widened 0.6 basis points to 83 bps.

The spread between U.S. 10-year Treasuries and German bunds widened 1.7 basis points to 138 bps.