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Euro zone bond yields rose on Thursday as energy prices climbed again.
Money markets are now pricing over 75 basis points of ECB hikes by year-end, up from 71.
KEY POINTS
- Bundesbank chief Nagel stated an ECB rate hike in April is a real option under consideration.
- Germany's two-year bond yield rose 6 bps to 2.659% after previous declines.
- Italy's 10-year bond yield rose 8 bps, widening the Italy-Germany yield spread to 90 bps.
- Iran officially denied interest in ceasefire talks, contradicting claims by President Trump.
COMPANIES
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