UPDATE 1-Euro zone yields dip as lower gas prices muffle ECB rate-hike drum

[admin]

Euro zone government bond yields fell on Wednesday, shrugging off comments from a European Central Bank policymaker that rates will keep rising, as another drop in energy prices prompted investors to take a more upbeat view of the inflation outlook. European regional natural gas prices have fallen to their lowest in almost a year and a half this week. But mild weather, healthy inventory levels and alternative sources of supply to Russia have gradually ground down prices on the global markets, which has been a major factor in setting investor expectations for ECB monetary policy.