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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: Eurozone bond yields rise as oil climbs, inflation data eyed

Eurozone government bond yields edged higher on Monday as rising oil prices and uncertainty over the U.S.-Iran conflict kept inflation and interest-rate concerns in focus ahead of key economic data this week, according to a report by Reuters.

Germany's 10-year government bond yield, the benchmark for the euro zone, was last up slightly at 3.6303%, around its highest level since June 2009. The yield recorded its seventh consecutive weekly increase last week and was on track for a rise of more than 30 basis points in September.

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