Euro zone yields reach fresh multi-year highs after hot inflation data
Euro zone government bond yields nudged to fresh multi-year highs amid a global bond selloff. Hot inflation data cemented bets on a European Central Bank interest-rate increase this month.
Euro zone government bond yields edged higher to fresh multi-year highs on Tuesday as Europe joined a global bond selloff, after inflation data reinforced bets on a European Central Bank rate increase this month. Germany's 10-year yield, the benchmark for the euro zone, moved up to the e…