War Roils Europe Bonds as Energy Crisis Upends Rate-Cut Bets
The European Central Bank (ECB) headquarters and skyscrapers on the skyline of financial district of Frankfurt.
Photographer: Alex Kraus/BloombergA stabilization in European bond markets lasted just one day.
Government debt across the euro area and the UK resumed a slide on Thursday, following a punishing start to March, as the Iran war showed no sign of easing and energy prices continued to surge.