Mumbai, Aug. 1 -- German government bond yields moved up steadily as markets eye the likely fiscal restraint following latest budget. The German government approved the 2026 draft budget, which includes planned investments totalling Euro 126.7 billion and borrowing of Euro 174.3 billion. The finance minister Lars Klingbeil has noted that significant austerity measures will likely be needed starting in 2027. These measures will likely emerge amid tepid economic scenario and global tariff concerns. Germany's economy contracted by 0.1% in the second quarter of the year, according to preliminary data released by the federal statistics office. The 10-year German bond yields are hovering around 2.70%, marching up steadily after falling to three...