Eurozone bond yields eased Friday but remained set for weekly gains amid global bond-market stress, persistent inflation and fiscal concerns. Germany’s 10-year yield stood at 3.2445%. Rising oil prices and stronger ECB rate-hike expectations added pressure, with markets pricing over 90% odds of a September rate increase.
U.S. Treasury Secretary Scott Bessent indicated the government could increase its Treasury buybacks further while also raising the possibility of fiscal consolidation.
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