Euro zone bond yields rise as oil climbs on Hormuz doubts
LONDON: Euro zone bond yields ticked up on Tuesday as oil prices rose after US President Donald Trump demanded Iran pay its own compensation to the US, further dimming the prospect of an imminent deal to reopen the Strait of Hormuz. Germany’s 10-year bond yield rose 2 basis points to 3.198%, after climbing 5 bps on Monday on the back of rising oil prices. Yields rise as prices fall and vice…
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