Euro zone yields edge to fresh multi-year highs after hot inflation data
Euro zone government bond yields nudged higher to fresh multi-year highs amid a global bond selloff. Hot inflation data cemented bets on a European Central Bank rate hike this month, lifting Germany’s 10-year yield (euro zone benchmark).
By Alun JohnEuro zone government bond yields nudged up to fresh multi-year highs on Tuesday, as Europe joined a global bond selloff, and after inflation data was hot enough to cement bets on a European Central Bank rate hike this month.Germany's 10-year yield, the benchmark for the euro zone, hit a…