Euro zone bond yields fall again, with central bank speakers in focus

Euro zone bond yields fell slightly on Tuesday after rising the previous day, as investors focused on speeches by central bank officials in a relatively quiet week for economic data. Global yields tumbled last week, dragged lower by a drop in U.S. yields after the Federal Reserve held interest rates steady; the U.S. Treasury said it would issue less longer-dated debt than expected; and data suggested the U.S. economy might be slowing. Germany's 10-year bond yield was last down 3 basis points (bps) at 2.705%.