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Euro zone bond yields hit multi-year highs after ECB hikes rates to 2.5%

Euro zone bond yields rose to multi-year highs on Thursday, after the European Central Bank raised interest rates to 2.5% from 2.25%. The ECB said risks remained skewed towards higher inflation.

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Euro zone bond yields climbed to multi-year highs on Thursday, edging higher after the European Central Bank raised interest rates as expected and said risks were still tilted toward higher inflation. 25% as it works to keep an increase in energy prices from driving inflation higher.