Economic TimesLean R·
Global Market: Euro zone, US bond yields log biggest monthly rise since March on Middle East inflation concerns
Euro zone and US bond yields recorded their largest monthly increase since March as Middle East conflict concerns renewed inflation fears. Traders pushed back interest rate cut expectations, with Germany’s 10-year yield rising 28 basis points in July and US 10-year Treasury yields advancing 22.5 basis points despite a Friday dip.
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