U.S. and European bond yields fall as oil prices decline

Sep 3, 2026 08:24 (19d ago)

U.S. and European government bond yields declined in early European trade.
Oil prices fell as yields moved away from multiyear highs.
New York Fed President John Williams said further policy action was not clearly required.

U.S. and European government bond yields declined in early European trade, retreating from multiyear highs as oil prices fell and comments from New York Fed President John Williams eased pressure for an immediate interest-rate increase. Williams told CNBC on Wednesday that it was unclear whether current monetary policy was sufficient to return inflation to its target over the next year or two, or whether further action would be needed.