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Euro-zone yields nudge lower as bond selloff pauses

Euro-zone government bonds were set to pause a six-day falling streak, with benchmark yields nudging lower from multi-year highs as energy costs eased and some inflation worries were alleviated.

ES10YIT10Y

Euro zone government bonds were set to snap a six-day falling streak on Thursday, with yields backing away from multi-year highs as benchmark gas prices eased and eased some inflation concerns. Bond yields have risen sharply in recent weeks on heightened worries about energy-driven inflation.