Business & Finance
German Bonds Slide as Higher Oil Prices Reignite Inflation Fears
Key Points
German Bonds Slide as Higher Oil Prices Reignite Inflation Fears Germany’s benchmark bond yields climbed above 3% for the first time in nearly a month as a flare-up in fighting in the Middle East lifted oil prices and inflation expectations. Yields on German 10-year bonds rose four basis points to 3.03%, while their two-year counterparts — which are more sensitive to changes in monetary policy – jumped as much as six basis points to 2.65%.
German Bonds Slide as Higher Oil Prices Reignite Inflation Fears
Germany’s benchmark bond yields climbed above 3% for the first time in nearly a month as a flare-up in fighting in the Middle East lifted oil prices and inflation expectations.
Yields on German 10-year bonds rose four basis points to 3.03%, while their two-year counterparts — which are more sensitive to changes in monetary policy – jumped as much as six basis points to 2.65%.