Eurozone bond yields rise in tandem with US Treasury yields

```htmlUS President Trump plans to block the Strait of Hormuz, a move that has reignited global inflation concerns and pushed up government bond yields. Deutsche Bank strategists stated in a report: "Although market sentiment was optimistic when the two-week ceasefire was announced last week, the atmosphere has now turned negative again." They pointed out that oil prices have risen. "This, in turn, has renewed worries about stagflation shocks, causing global stock and bond markets to fall." According to Tradeweb data, the yield on 10-year German government bonds rose by 1.4 basis points to 3.058%; the yield on 10-year Italian government bonds increased by 4.1 basis points to 3.853%.```