German Bund Yield on Track for Biggest Weekly Rise in a Year
2026-03-06 08:52
By
Joana Ferreira
1 min. read
Germany’s 10-year Bund yield rose to 2.87%, its highest level since February 3, as investors assessed the inflationary risks stemming from the escalating Middle East conflict.
The benchmark yield is also on track for a 23-basis-point weekly increase, marking its largest rise since March last year, when Germany unveiled plans for a significant boost in fiscal spending.
The intensifying regional conflict has raised concerns over disruptions to global crude oil supplies, pushing energy prices higher and potentially sustaining inflation across Europe.
This has reinforced expectations that the European Central Bank may adopt a tighter monetary policy stance.
Several policymakers warned on Thursday that a prolonged war in Iran involving more countries could lift eurozone inflation while weakening economic growth.
Money markets currently assign roughly a 55% probability of a July rate hike and an 85% chance of another increase by December.