Euro ‌zone government bond yields rose on Monday after the United States and Iran failed to reach a peace deal, heightening concerns that higher oil prices could fuel inflation and support expectations for European Central Bank rate hikes. Oil prices climbed above $100 a barrel ‌as the ‌US Navy prepared to blockade ‌the ⁠Strait of Hormuz, ⁠a move that could restrict Iranian oil exports, after marathon talks at the weekend between Washington and Tehran did not result in a deal to ⁠end the war. Germany’s 10-year ‌government bond ‌yield rose 2.5 basis points (bps) to 3.07%. ‌It reached 3.13% in late ‌March, its highest since June 2011. [...]