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European Bonds Stage Comeback After Volatile Session

European government bonds pared earlier losses, with French 10-year bond yields falling to 4.82% after reaching 4.96% during the day. German bonds turned positive, and Greek and Italian bonds reduced their declines.

European government bonds trimmed losses after starting the session deep in the red. 96% earlier in the day. Yields fall as prices rise. German bonds were up on the day, while Greek and Italian bonds also pared losses.