European government bonds rise as expectations for renewed progress toward an Iran peace deal increase and oil prices decline. Bloomberg reports that European bonds rally alongside the drop in oil, linking the move to improved sentiment over potential Middle East de-escalation. The Financial Post similarly says both European and U.S. bonds gain, citing the renewed prospect of a peace agreement that pressures oil prices lower. With crude easing, markets also appear to scale back inflation-related concerns, according to the Financial Post, which connects the bond strength to reduced worries about faster inflation. Across the two reports, the underlying drivers are the same: renewed political expectations surrounding an Iran deal support risk sentiment, lower oil prices reduce inflation expectations, and that combination benefits bond prices. Both outlets characterize the move as a market reaction to changing geopolitical prospects, rather than to company-specific or domestic policy developments. The articles do not provide additional details on the terms of any deal, specific negotiations, or particular bond maturities, but they attribute the market rally primarily to the oil and inflation channel tied to the Iran peace-deal outlook.