Euro zone government bond yields rose on Wednesday due to higher oil prices and concerns about countries' fiscal positions. Germany's 10-year yield rose 6 basis points to 2.66%, while Italy's 10-year yield climbed nearly 9 basis points to 3.7%. Longer-dated bond yields have been rising more than shorter-dated ones, causing yield curves to steepen.
image sourced from original article at https://www.dailymail.co.uk/wires/reuters/article-14735079/Oil-jump-sends-euro-zone-yields-higher-German-curve-steepest-month.htmlOriginal article source: https://www.dailymail.co.uk/wires/reuters/article-14735079/Oil-jump-sends-euro-zone-yields-higher-German-curve-steepest-month.html
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