Eurozone borrowing costs steady ahead of ECB rate decision

Comments from ECB officials that inflation was probably close to its peak have bolstered expectations that the central bank is likely to slow its pace of interest-rate increases to half a point

Investors are looking towards the European Central Bank's policy meeting next week.

The market cost for eurozone governments to borrow money held steady near its lowest level in months as investors looked towards the European Central Bank's policy meeting next week.

Comments from ECB officials this week saying inflation was probably close to its peak have bolstered expectations that the central bank is likely to slow its pace of interest-rate increases to half a point from 75 basis points previously, on December 15.