Euro zone yields rise as oil prices surge; spread widening slows
Euro zone borrowing costs rose as Brent crude surged, but selling in heavily indebted countries eased, slowing spread widening.
Euro zone borrowing costs rose on Thursday as a surge in oil prices intensified inflation concerns, though investors paused after selling bonds of heavily indebted countries such as France and Italy. Brent crude LCOc1 rose 5% to $105 a barrel, its highest in more than a wee…