Euro zone bonds fall after U.S Airstrike in Iran

Government bond yields across the euro area fell after a U.S. air strike killed a top Iranian commander. This action had an impact in the form of a shadow war in the Middle East between Iran and the United States and its allies.

Germany’s 10-year secured Bund yields fell to two-week lows, Spanish yields recorded lowest in two months and borrowing costs in Italy fell almost 10 basis points at one point in holiday time trade.