Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.

Soaring prices in super-long euro bonds ape crypto, tech surges

Euronews logo
Text size Aa Aa

By Ritvik Carvalho

LONDON (Reuters) – If you thought exponential price surges and bubble-like vertical chart lines were only the stuff of cryptocurrencies or tech stocks, think again. Euro zone government bonds with super-long maturities between 50 and 100 years are surging.

These long-dated bonds reflect recession concerns, a collapse of inflation expectations, negative interest rates and expectations of ever more central bank bond buying. But for speculators, the price gains this year are eye-watering.

Austria’s 100-year bond <AT100YT=RR> has seen a 63% rise since the start of this year. The country’s 70-year bond <AT70YT=RR> has rallied nearly 50%.

GRAPHIC: Long-dated bonds rally –

For an interactive version of the above graphic, click here

Other long-dated debt in the euro zone, such as Belgium’s 50-year bond, has rallied 45%. Slovakian and French equivalents have gained 44.7% and 41.3% respectively.

GRAPHIC: Austria’s long-dated debt rallies –

For an interactive version of the above graphic, click here

(Reporting by Ritvik Carvalho; editing by Larry King)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on for a limited time.