Euro zone bond yields tick up after oil rises on Hormuz doubts
TLT•Euro zone bond yields edge higher
LONDON, Aug 27 (Reuters) - Euro zone bond yields rose very slightly on Thursday after oil prices ticked up from the previous day's lows, as an agreement to reopen the Strait of Hormuz appeared a way off despite conflicting messages from Iran.
Germany's 10-year bond yield DE10YT=RR, the benchmark for the bloc, rose just under 1 basis point (bp) to 3.234%.
The 2- and 30-year yields DE2YT=RR, DE30YT=RR rose a similar amount to 2.829% and 3.741% respectively.
Hormuz tensions keep oil and rates in focus
Qatar's prime minister will visit Tehran on Thursday in an effort to relaunch diplomacy between the U.S. and Iran, with both sides at odds over control of the Strait of Hormuz, through which 20% of the world's energy typically flows.
Iran's Revolutionary Guards said on Wednesday that Iran and Oman had agreed how to share the waterway and its revenues, but a senior Iranian source later said the two countries were still working on the details of an agreement.
