Eurozone Bond Yields Edge Higher, German 10-Year Bund Yield Hits New 15-Year High
Dow Jones
1 hour ago
0725 GMT - Eurozone government bond yields edge higher with the 10-year Bund yield hitting a new 15-year high of 3.532% in early trade, Tradeweb data show. Yields are pushed higher by data pointing to economic resilience, as well as high oil prices and inflation concerns as the Middle East situation continues to escalate. As markets continue to absorb the European Central Bank's rate increase last week, focus turns to the Federal Reserve's interest-rate decision on Wednesday, where a hike is a possibility but not a done deal.
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