German 10-Year Bund Yield Hits 15-Year High

Dow Jones
Aug 28

0653 GMT - Eurozone government bond yields rise in early trade at a faster pace than their U.S. peers, with the 10-year Bund yield rising to a 15-year high of 3.276%, according to Tradeweb data. "The outlook for bond markets ahead of the weekend is poor," Commerzbank's Christoph Rieger says in a note. "Rising oil prices, higher eurozone inflation, and a hawkish European Central Bank could push 10-year Bund yields to new highs even before [Federal Reserve Chairman Kevin] Warsh's keynote address," the head of rates and credit research says.

 

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