Germany’s Bund Yield Retreats to 3%
2026-03-23 12:17
By
Joana Ferreira
1 min. read
Germany’s 10-year Bund yield eased back to 3%.
retreating from an earlier peak of 3.08%, its highest since June 2011.
Markets initially reacted to President Trump’s five-day delay in planned strikes on Iran, which he described as a response to "very good and productive" talks with Tehran.
However, Iran’s state-run Fars News Agency dismissed the claim, reporting no direct or indirect negotiations with the US and suggesting Trump’s decision followed Iran’s threat to target all West Asian power plants.
The lingering tensions, combined with a recent surge in energy prices, have led traders to price in at least three ECB rate hikes this year.
The central bank, which kept rates unchanged last week, upgraded its inflation outlook and downgraded growth forecasts, warning of increasing risks tied to the Middle East conflict.