Weak PMI data pushes eurozone yields to new lows

London

BOND yields of several eurozone countries touched new record lows on Tuesday after weak private sector growth data indicated a slump in oil prices offered little support to the region's sluggish economy.

Markit's flash composite Purchasing Managers' Index (PMI) for Germany fell to 51.4 in December after a final reading of 51.7 in November. That was above the 50 line denoting growth, but it was the lowest reading in 18 months and f…