European Bond Yields Reach Near Multi-Year Highs, Closing Gap With US

European Bond Yields Reach Near Multi-Year Highs, Closing Gap With US
Brokers at the stock exchange in Frankfurt, Germany, on Feb. 24, 2025. Daniel Roland/AFP via Getty Images
Panos Mourdoukoutas
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News Analysis

European bond yields have been rising since Dec. 10, 2024, reaching multi-year highs and narrowing the gap with their U.S. counterparts. German Bunds have led the rally on expectations of a growth revival in the Old Continent, which could reintroduce the bond market’s old villain—inflation.

Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”