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Eurozone bonds gain on Iran-US talks
European government bond prices rose today, with their yields falling to their lowest levels in over a week, despite geopolitical tensions in the Middle East. This came as a result of expectations for a possible diplomatic breakthrough, with President Trump praising the potential signing of a peace agreement, which boosted demand for fixed-income assets and positively impacted the currency markets. Additionally, the yields on 10-year German bonds declined to below 3%, and the yields on 10-year British bonds reached their lowest point in more than a week.
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