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Swiss Franc Rebounds Amid Risk-off Mood

The Swiss franc rebounded from recent lows against other major currencies in the European session on Thursday, as investor sentiment in European stock markets remained weak amidst a hardening in global bond yields.

The Swiss franc recovered from recent lows against other major currencies in Thursday's European session as investor sentiment in European stock markets stayed weak amid firmer global bond yields. Ten-year bond yields rose by more than a quarter percent.