Germany 10-Year Bund Yield Eases from 15-Year High
2026-08-21 09:12
By
Agna Gabriel
1 min. read
Germany’s 10-year Bund yield eased to around 3.25%, retreating from Wednesday’s 3.2625% as a decline in oil prices offered some relief from concerns over persistent inflation.
Brent crude was heading for its first daily decline in six sessions, helping reduce immediate pressure on European price expectations.
Eurozone consumers also became slightly less concerned about inflation, with expectations for price growth over the next 12 months falling to 2.9% in July from 3% in June.
Nevertheless, inflation remains well above the ECB’s 2% target, keeping the prospect of further monetary tightening in focus after the central bank’s June rate increase.
Investors are also assessing recent volatility in global bond markets, driven by concerns over inflation and rising government spending.
Meanwhile, Eurozone business activity continued to expand in August, with manufacturing showing a particularly strong improvement, largely driven by Germany, while services growth remained modest.