Euro zone government bond yields rose on Tuesday as investors awaited a German parliamentary vote on fiscal reforms that could propel Europe's largest economy and spur growth across the region.
Germany's lower house of parliament will vote later in the day on the proposals of conservative election winner Friedrich Merz to ease constitutional debt rules - known as the debt brake - and set up a 500-billion-euro infrastructure fund.
The German 10-year bond yield rose 4 basis points to 2.845%. The benchmark for the euro zone rallied to its highest since October 2023 last week after a big jump in early March, when the plans were first announced.
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