Eurozone bonds sold off on Thursday, pushing yields to multi-year highs as rising oil and stronger economic data boosted market bets on further ECB tightening. Germany's 10-year Bund yield rose 3 bps to 3.575%, its highest in more than 17 years. Deut

2026-09-24

Eurozone bonds sold off on Thursday, pushing yields to multi-year highs as rising oil and stronger economic data boosted market bets on further ECB tightening. Germany's 10-year Bund yield rose 3 bps to 3.575%, its highest in more than 17 years. Deutsche Bank rates strategist Hauke Siemssen said the oil rebound was the primary driver. Brent crude climbed above $106/bbl, its highest in over a week, after scant progress in US‑Iran diplomatic talks aimed at ending the conflict.

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