Eurozone Yields Edge Up After US Inflation Holds Steady

July's US inflation reading held steady at 3.7%, but still managed to tick up European government-bond yields.

The Federal Reserve's policy path influences global borrowing costs, and even tiny inflation surprises can move rates in the Eurozone.

Germany's 10-year Bund yield rose 2 basis points to 3.22% after the US reading was slightly hotter than expected.

Brent crude slipped to $87.80 on hopes shipping could normalize, but officials signaled talks were still unresolved.