Euro zone long-dated yields set for biggest weekly fall since mid-July

Euro area long-dated yields ended a five-week rising streak and were set to record their biggest weekly fall since mid-July after concerns that the conflict in the Middle East might widen sparked a rush into safe-haven assets. European Central Bank officials reiterating that the bank's tightening cycle might be over kept short-dated borrowing costs around current levels. Germany's 2-year yield, most sensitive to expectations for policy rates, were set to end the week up 0.5 bps.