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European Debt Extends Five-Week Decline as Rate Hikes and Oil Prices Bite

European government bonds have fallen for a fifth consecutive week, pressured by expectations of further interest rate rises and a surge in oil prices that is complicating the inflation outlook for the eurozone and the UK.

European central bankers fear more U.S. policy turbulence, Reuters reports
Європейські центробанкіри очікують нової турбулентності від політики США
European Central Bank · Wikimedia — licence per file · rights

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European government bonds have fallen for a fifth consecutive week, pressured by expectations of further interest rate rises and a surge in oil prices that is complicating the inflation outlook for the eurozone and the UK.