Germany’s Bund Yield Remains Close to 15-Year High

2026-03-24 11:40 By Joana Ferreira 1 min. read

Germany’s 10-year Bund yield settled at 3%, pulling back from Monday’s 3.08%, its highest since June 2011, as Middle East uncertainty and weaker-than-expected PMI data dominated market sentiment.

President Trump postponed US strikes on Iran, citing "positive talks", a claim Tehran dismissed, though reports hinted at indirect negotiations.

However, an Israeli official ruled out a ceasefire, stating Iran shows no willingness to compromise, while Israel’s Defense Minister vowed to "continue striking Iran with full force." On the economic front, Eurozone business activity hit a ten-month low in March, with costs rising at the fastest pace in over three years due to soaring energy prices and war-driven supply chain disruptions.

Markets are firming up expectations for ECB rate hikes, despite the central bank’s recent decision to hold rates while raising inflation forecasts and cutting growth projections amid escalating regional risks.



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Germany’s Bund Yield Remains Close to 15-Year High
Germany’s 10-year Bund yield settled at 3%, pulling back from Monday’s 3.08%, its highest since June 2011, as Middle East uncertainty and weaker-than-expected PMI data dominated market sentiment. President Trump postponed US strikes on Iran, citing "positive talks", a claim Tehran dismissed, though reports hinted at indirect negotiations. However, an Israeli official ruled out a ceasefire, stating Iran shows no willingness to compromise, while Israel’s Defense Minister vowed to "continue striking Iran with full force." On the economic front, Eurozone business activity hit a ten-month low in March, with costs rising at the fastest pace in over three years due to soaring energy prices and war-driven supply chain disruptions. Markets are firming up expectations for ECB rate hikes, despite the central bank’s recent decision to hold rates while raising inflation forecasts and cutting growth projections amid escalating regional risks.
2026-03-24
Germany’s Bund Yield Retreats to 3%
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.
2026-03-23
Germany’s 10-Year Bund Yield Highest Since 2011
Germany’s 10-year Bund yield surged above 3%, reaching its highest level since July 2011, as the US-Israel-Iran war entered its fourth week and soaring energy prices fueled expectations of multiple ECB rate hikes in 2026. Oil prices jumped after Iran threatened retaliatory strikes on Israel’s power plants and facilities supplying US bases in the region, following President Trump’s ultimatum to "obliterate" Iran’s energy infrastructure if the Strait of Hormuz remains closed. The sharp escalation, just days after Trump suggested the conflict was "winding down", has prompted traders to price in at least three ECB hikes this year. The central bank, which held rates steady last week, raised inflation forecasts and lowered growth projections, warning of deepening risks from the Middle East crisis.
2026-03-23