German 10-year yield hits 15-year high as oil rally stokes inflation fears

The German 10-year Bund yield rose to nearly 3.4%, the highest since April 2011, driven by climbing oil prices that are fueling eurozone inflation expectations. This marks a significant repricing of long-dated eurozone debt, reflecting market concerns over sustained price pressures and potential ECB policy tightening. The move signals a continued upward trend in yields, with implications for global bond markets and rate-sensitive assets.