German 10-Year Bund Yield Below 3.1%
2026-06-11 08:26
By
Joana Taborda
1 min. read
The yield on the German 10-year Bund hovered at 3.07%, near two-month highs, as ongoing geopolitical tensions in the Middle East continued to shape inflation expectations and reinforce bets that central banks will need to adopt a more hawkish stance.
The conflict in the region remains unresolved, with repeated military strikes and diplomatic setbacks undermining prospects for a breakthrough between the US and Iran, while keeping oil prices elevated.
Meanwhile, the European Central Bank is widely expected to raise interest rates by 25 basis points at its June 2026 meeting, marking its first hike since 2023.
The anticipated tightening comes as inflationary pressures build following the energy shock triggered by the conflict with Iran.
Investors will also focus closely on the central bank’s forward guidance, with expectations that policymakers could deliver at least one additional rate hike this year.