TLT•Euro zone bond yields dipped slightly in early trading on Monday as oil prices fell. Germany’s 10-year yield fell 1 basis point to 3.24%, while its two-year yield dropped 2 basis points to 2.95%.
Germany’s 10-year bond yield fell 1 basis point to 3.24%, and its two-year yield dropped 2 basis points to 2.95%. France’s 10-year yield fell 1 basis point to 4.76%, while Italy’s declined 2 basis points to 4.32%.
A roughly 2% decline in Brent crude and renewed worries about tech stocks, particularly Nvidia, helped bonds, while higher European gas prices kept moves in check. US inflation data due Tuesday is the next major scheduled event for bond markets.
