German 10-year government bond yields fell to a three-month low, and oil prices have dropped to levels before the US-Iran conflict.
German government bond prices rose, with the yield on 10-year bonds falling to the lowest level since March 18. Brent crude oil prices fell to the level before the US-Iran conflict erupted in February. The yield on German 10-year bonds fell 2 basis points to 2.90%; the yield on UK 10-year bonds fell 3 basis points to 4.72%, the lowest since April 8. Brent crude oil fell 2% to $75.53, the lowest since February 27.
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