Global market: Eurozone bond yields steady as oil prices ease, traders assess Iran sanctions

Eurozone bond yields remained largely stable as investors assessed new U.S. sanctions on Iran and easing oil prices. Germany’s 10-year yield held near a 15-year high, while longer-term yields stayed elevated amid inflation risks, energy costs and fiscal spending. Stronger German growth reinforced expectations for ECB rate hikes, keeping borrowing costs high across Europe.