Economic TimesLean R·
Global Market: Eurozone bond yields rise as oil climbs, inflation data eyed
Eurozone government bond yields rose as higher oil prices and uncertainty over the US-Iran conflict heightened inflation and interest-rate concerns. Germany’s 10-year yield reached its highest level since 2009, while markets awaited eurozone inflation data. Investors expect September inflation to accelerate, potentially reinforcing expectations of further European Central Bank rate increases.
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