Euro zone bond yields tick higher along with oil prices after big swings

Synopsis Bond yields in the Euro zone experienced a slight uptick on Wednesday, driven by rising oil prices linked to the U.S.-Iran tensions that threaten energy channels. Germany’s 2-year bond yield reacted accordingly, highlighting concerns over future central bank rate increases. Although U.S. inflation reports suggested a decrease, the looming energy price pressures cast uncertainty over economic stability. Euro zone bond yields edged higher on Wednesday as oil prices climbed, a day after swinging dramatically over the re-escalation of conflict in the Middle East and the release of U.S. inflation data. Germany’s 2-year bond yield was last up 3 basis…