Euro zone bond yields hold near multi-year peaks ahead of ECB
Euro zone bond yields steadied around multi-year highs on Tuesday as investors weighed elevated energy prices, German political uncertainty and Japan volatility, ahead of this week’s ECB meeting.
Euro zone bond yields were little changed on Tuesday, holding near multi-year highs as investors weighed a mix of competing narratives, from elevated energy prices and German political uncertainty to volatility in Japan, ahead of this week's ECB meeting. Germany's 10-year bond yield, the benchmark for the euro zone, remained near its recent peak.