Eurozone 10-year yields ease to 3.61% as oil drop cools inflation fears

Eurozone 10-year government bond yields fell to 3.61% on August 25, 2026, down 0.05 percentage points, as a sharp drop in global oil prices eased inflation concerns. Just one week earlier, yields had hit multi-year highs on Iran war escalation. For borrowers, the retreat matters: yields loosely track mortgage and corporate borrowing costs. Commerzbank's Hauke Siemssen notes energy prices remain "in the driving seat."