Eurozone government bonds are facing their sharpest weekly selloff since the Iran war began as surging energy prices fuel inflation concerns and boost expectations of further rate hikes. German, French and Italian yields have climbed, putting global debt markets under pressure.

Eurozone bond yields remained near multi-year highs as investors assessed rising energy costs, German political uncertainty and Japans market volatility ahead of Thursdays ECB…

Borrowing costs climb in Europe and oil tops $105 a barrel as bank flags growing price pressures in eurozone