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European Bonds Surge as Trump Touts Progress on Iran Peace Deal

European Bonds Surge as Trump Touts Progress on Iran Peace Deal
Bloomberg Markets Friday 12 June 2026, 08:43 UTC By Georgia Hall 1 min read
Key Points

European Bonds Surge as Trump Touts Progress on Iran Peace Deal European bonds rallied as oil prices slid on the renewed potential for a peace deal in the Middle East. The gains were led by shorter maturities as the fall in energy prices drove traders to dial back bets on interest-rate hikes in the region. UK two-year yields slid 14 basis points to a two-week low of 4.20%, while their German peers dropped nearly 10 basis points to 2.58%.

European Bonds Surge as Trump Touts Progress on Iran Peace Deal European bonds rallied as oil prices slid on the renewed potential for a peace deal in the Middle East. The gains were led by shorter maturities as the fall in energy prices drove traders to dial back bets on interest-rate hikes in the region. UK two-year yields slid 14 basis points to a two-week low of 4.20%, while their German peers dropped nearly 10 basis points to 2.58%.
European Bonds Surge (ORG) Trump Touts Progress (ORG) Iran (LOCATION) European (ORG) the Middle East (LOCATION) UK (LOCATION) German (ORG)
Originally published by Bloomberg Markets Read original →

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