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.
Market Samachar is a news aggregator. This article was originally published by Markets-Economic Times. Tap the button above to read the full story on their site.