German Bund Yields Stable Ahead of CPI
2026-02-26 09:47
By
Joana Ferreira
1 min. read
Germany’s 10-year Bund yield stabilized just above 2.7%, following a recent slide to its lowest level since late November, as investors awaited Friday’s inflation data for guidance on how euro strength could impact price pressures and the European Central Bank’s policy outlook.
Speaking to a European Parliament committee on Thursday, ECB President Christine Lagarde emphasized that headline inflation is expected to converge to the 2% target over the medium term as wage growth eases, while food inflation, key to consumers’ perception of price stability, is projected to settle just above 2% later this year.
She also emphasized that the ECB will monitor foreign exchange movements but will not directly intervene in currency markets.
Elsewhere, investors continued to assess the implications of US President Donald Trump’s new 10% global tariffs and a third round of US-Iran nuclear talks in Geneva, amid rising Middle East tensions.