German Bond Yields Hit a Nine-Month High After Schnabel Remarks

German benchmark borrowing costs rose to the highest since March after a senior member of the European Central Bank said she’s comfortable with investors betting the next interest-rate move will...

By James Hirai · Bloomberg Markets

German benchmark borrowing costs rose to the highest since March after a senior member of the European Central Bank said she’s comfortable with investors betting the next interest-rate move will be a hike.