Yields hit multi-year highs as traders lift rate-increase bets after ECB hike
Euro zone government bond yields rose to new multi-year highs on Thursday. Traders lifted bets on further rate increases after the European Central Bank hiked borrowing costs and said risks remained skewed towards higher inflation.
Euro zone government bond yields climbed to new multi-year highs on Thursday after traders increased bets on further rate rises following the European Central Bank’s latest hike. 5%, and said risks remained skewed toward higher inflation.