French and Italian bond yields jump on debt worries
Yields on French and Italian debt rose sharply on Wednesday amid a global selloff, with energy prices rising and concerns about high debt levels in some euro zone countries shaking bond markets.
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Euro zone bond yields rise as French fiscal worries weigh
German 10-year yields rose, while Italy's climbed 15.8 bps to 4.6936% and France's gained 16.6 bps to 4.9132%. Brent crude rose about 1.3% to $101.84 a barrel as oil supply risks stayed in focus.