1020 GMT - Yields on U.S. Treasurys and eurozone government bonds turn higher. Markets remain volatile due to uncertainty surrounding the Middle East war and energy prices. Yields rise as oil prices turn higher again, with Brent crude last up 1.2% at $109.99 a barrel. "When crude rallies, sentiment more broadly sours, and government bonds sell off as markets price a higher inflation profile moving forwards," says Pepperstone's Michael Brown. Markets had calmed earlier after Prime Minister Benjamin Netanyahu suggested Israel would refrain from future strikes against Iranian oil fields. U.S. 10-year Treasury yields rise 1.7 basis points to 4.302%. Eurozone 10-year government bond yields rise up to 4 basis points, with Germany's 10-year Bund yield up 3.2 basis points at 2.990%, Tradeweb data show. (jessica.fleetham@wsj.com)
(END) Dow Jones Newswires
March 20, 2026 06:20 ET (10:20 GMT)
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