Euro zone yields jump to multi-year highs as bond selloff picks up pace
Benchmark euro zone borrowing costs rose to their highest in 17 years on Tuesday, with a weeks-long selloff gathering new momentum as conflict in the Middle East pushed up oil prices and U.S. yields surged.Germany's 10-year bond yield (DE10YT=RR) rose more than 4 basis points (bps) to 3.572%, its h…