Bund Yields Ease but September Losses Remain Steep
Germany’s 10-year Bund yield fell toward 3.55% at the end of September, moving away from a 17-year high of 3.65% reached earlier in the week, as markets became more cautious about further central bank rate hikes. Still, Bunds suffered a sharp selloff over the month, with yields rising 27 bps, driven by higher energy co