Eurozone bond yields fall after ECB's Lane warns against complacency

Philip Lane said a strong euro further dampens price pressures. Picture: Sam Boal/RollingNews.ie

Government bond yields across the euro area fell today after the European Central Bank’s (ECB) chief economist Philip Lane said there was no room for complacency as inflation will be persistently low in the coming years.

Lane, speaking a day after the ECB left policy unchanged and disappointed markets with a less dovish message than anticipated, added that a strong euro further dampens price pressures.