Global Market: Eurozone bond yields hold near multi-year highs as markets await ECB decision

· economictimes.indiatimes.com

Eurozone bond yields remained near multi-year highs as investors assessed rising energy costs, German political uncertainty and Japans market volatility ahead of Thursdays ECB meeting. Germanys 10-year yield hovered around 3.38%, near a 15-year peak. Higher oil and gas prices could fuel inflation, complicating expectations for the ECBs future policy path.

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