Euro-area government bond yields opened slightly higher as Brent crude rose about 2% to $92.85 per barrel amid continued Middle East conflict. UK headline inf slowed to 2.6% YoY in June from 2.8% in May, below the 2.7% consensus, but had little immediate market impact. 10-year German Bund yield was up 1.6bps intraday at 3.18%.

2026-07-22

Euro-area government bond yields opened slightly higher as Brent crude rose about 2% to $92.85 per barrel amid continued Middle East conflict. UK headline inf slowed to 2.6% YoY in June from 2.8% in May, below the 2.7% consensus, but had little immediate market impact. 10-year German Bund yield was up 1.6bps intraday at 3.18%.