Eurozone bond yields rise; Bund 10-year hits 15-year high
Eurozone government bond yields climbed as 10-year German Bund yield hit a new 15-year high. Brent crude breached $100 and investors looked ahead to a possible quarter-point ECB rate increase on Thursday.
Eurozone government bond yields rose on Wednesday, with the 10-year German Bund yield hitting a new 15-year high as Brent crude oil breached $100 a barrel and investors anticipated a quarter-point interest-rate increase by the European Central Bank on Thursday.