MacroLive Wire · AI-collected
Europe Joins Global Bond Selloff as Middle East Hostilities Lift Oil Prices
3-line summary
- Europe joined the global bond selloff as Middle East hostilities lifted oil prices, according to WSJ.
- The 10-year Bund yield reached its highest since 2011, and yields on U.K. 10-year government bonds climbed to their highest level since 2007.
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