The Swiss National Bank lowered its key rate to 1.25%, a move that underlined the divergence between European policy makers and their counterparts at the Federal Reserve as their efforts to tame inflation enter what they hope will be the final stretch.
Ten-year Treasury yields are expected to be stable in the coming quarters at higher levels than they are currently, while 10-year Bund yields are expected to ease slightly, Barclays Research said.
Danone said it would sharpen its focus on health and nutrition as it aims to increase sales and earnings through 2028, as the company moves ahead with the strategic overhaul.