10-year Bund yield hits new 15-year high after ECB lifts inflation forecasts
Eurozone bond yields extended their rise as the 10-year German Bund yield hit another 15-year high. The move followed the ECB’s quarter-point rate hike and its upward revision to inflation for 2027 and 2028.
Eurozone bond yields kept climbing, with the 10-year German Bund yield reaching another 15-year high after the European Central Bank delivered a widely expected quarter-point rate increase and raised its inflation outlook for 2027 and 2028. The 10-year Bund yield had already advanced to successive 15-year highs.