Euro Zone Bond Yields Rise as Oil Climbs
Euro zone bond yields rose as oil climbed, bringing central banks into focus.
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Euro zone bond yields rose as oil climbed, bringing central banks into focus.
Reuters Asia morning markets round-up for Sept. 30 showed global equities mostly lower, with major bond yields elevated and currencies mixed. Gold rose 1% after a recent low, while Brent crude fell.
Stock markets were mixed across Asia and elsewhere on Tuesday as bond yields extended recent gains. Gold rose 1%, while the dollar strengthened against major currencies.
Germany's 10-year yield was around its highest level since June 2009, while the 2-year yield was on course for its biggest monthly rise since March. Flash euro zone inflation data due later this week is expected to show an acceleration in September.
By Sophie KiderlinEuro zone government bond yields rose on Monday at the start of a week packed with key economic data, as oil prices climbed on doubts that the US-Iran conflict will be resolved soon and that the Strait of Hormuz will reopen.Germany's 10-year bond yield (DE10YT=RR), the euro zone…