Euro Zone Bond Yields Rise After Fed Holds Rates, Oil Prices Climb

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Euro zone government bond yields climbed on Thursday after a sharp sell-off in U.S. Treasuries following the Federal Reserve’s decision to leave interest rates unchanged. Investors also responded to rising oil prices, driven by escalating tensions between the United States and Iran. Longer-dated bond yields, which are closely tied to inflation and economic growth expectations, [...] The post Euro Zone Bond Yields Rise After Fed Holds Rates, Oil Prices Climb appeared first on Modern Diplomacy .