Euro-area government bond yields opened higher Wednesday, tracking U.S.
Treasureries. The rise was driven mainly by higher oil prices after military
strikes in the Middle East, though U.S. 10-year yields eased off eight-week
highs after Tuesday's U.S. inf data undershot expectations. Analysts at a
Belgian bank said the move also reflected Fed Chair KEVIN WARSH reiterating a
commitment to price stability in congressional testimony. According to Tradeweb,
the 10-year German Bund yield rose 3.3 bps to 3.105%.
