%Germany Government Bond 10Y
DE-10Y
▼ NegativeGeopoliticsrelevance
Awaiting Hormuz talks; yields flat, no clear driver
European stocks and bonds traded sideways. With markets awaiting news on progress in peace talks between the US and Iran, Germany's 10-year bond yield ended the session up one basis point at 3.11 percent, while the UK 10-year yield fell one basis point to 4.89 percent. The Stoxx Europe 600 index was little changed. HSBC Holdings dropped 4.7 percent, and Novo Nordisk fell 4.3 percent after sales of its new oral obesity treatment Wegovy missed market expectations. On the upside, Heineken gained 2.2 percent and Glencore rose 4.1 percent.
Awaiting Hormuz talks; yields flat, no clear driver
Awaiting Hormuz talks; yields flat, no clear driver