European sovereign bonds: European natural gas rallied, keeping inflation Elevated and pushing euro-area concerns yields higher; 10-year German Bund yield ended August at 3.32%, the highest since 2011, up 12bp month-on-month. US dollar: US dollar ind

2026-09-02

European sovereign bonds: European natural gas rallied, keeping inflation Elevated and pushing euro-area concerns yields higher; 10-year German Bund yield ended August at 3.32%, the highest since 2011, up 12bp month-on-month. US dollar: US dollar index fell 0.5% in August, its second consecutive monthly decline. Source: Deutsche Bank monthly review.