Macro Finance
German Bond Yields Hit 15-Year High as Oil Spikes Before ECB
Bloomberg Markets·July 23, 2026·1 min read
German bond yields rose to the highest level since 2011 as surging energy prices and mounting inflation expectations fueled bets on interest-rate hikes ahead of the European Central Bank's decision later Thursday. The yield on 10-year German bunds climbed sharply, reflecting market anticipation of tighter monetary policy to combat rising price pressures.
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