Euro zone bond yields climb as oil rises
Germany’s 10-year yield reached its highest level since mid-2009 as oil prices climbed and investors weighed the hawkish tone of several major central banks later this week.
Euro zone bond yields rose on Monday, with Germany's 10-year yield climbing to its highest level since mid-2009. The move came as oil prices advanced and investors braced for the tone several major central banks may take at meetings this week. Global bond markets have been under pressure.