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Eurozone government bond yields opened higher due to rising oil prices.

Eurozone government bond yields opened higher due to rising oil prices.

老虎证券老虎证券2026/05/08 06:55
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The latest escalation in the Middle East has made the path to a US-Iran peace agreement more difficult, leading to a rise in oil prices and subsequently pushing up Eurozone government bond yields. The Eurozone is a net energy importer and is therefore susceptible to increases in energy prices. Recently settled Brent crude oil prices rose 0.6% to $100.64. According to Tradeweb data, the yield on the 10-year German government bond rose by 2.2 basis points to 3.009%, while the yield on the 10-year Italian government bond increased by 3.6 basis points to 3.747%.
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