Euro zone bond yields rise as Japan growth smashes forecasts


Eurozone government bond yields increased by 3 to 4 basis points compared to Monday, rebounding in recent years after Japan's stronger-than-expected growth

The Japanese economy grew at the fastest pace in more than two years in the second quarter as consumer and business spending resumed, underlining a long-expected rebound in domestic demand .

The data still support the expectations that the global economy is repairing and that central banks can start triggering extraordinary monetary stimulus set up as a result of a series of financial crises and Of debts.

And even though data showed Monday that industrial production in the euro area fell more than expected from the previous month, it further increased by 2.6 percent on an annual basis.

The 10-year German government bond yield, a benchmark for the euro area, rose by 4 points of interest to 0.42 percent, a move reflected by most other public debt 10 years of the euro area high-level.

Japan's 10-year debt itself was stable during the day, while 10-year US Treasury yields also increased by 4 basis points.

"The question is how Japanese growth could affect the very expansionary position of central banks," said Daniel Lenz, DZ Bank strategist.

"With the minutes of the Fed and the ECB and a speech by Andreas Dombret (member of the Bundesbank), we could find out more this week."



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