Euro zone yields fall as Iran Hormuz reopening prospect lifts
Euro zone bond yields fell for a second day, reaching the lowest in almost two weeks, as Iran raised the prospect of reopening the Strait of Hormuz and Washington hinted it could restart talks with Tehran, weighing on oil prices.
Euro zone bond yields fell for a second straight day on Tuesday, reaching their lowest level in almost two weeks after Iran raised the prospect of reopening the Strait of Hormuz and Washington signaled it could restart talks with Tehran, which pushed oil prices lower. Germany's 10-year bond yield (DE10YT=RR) was among the moves cited in the source.