11 Hrs
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Eurozone yields hold firm
Eurozone government bond yields held near their highest levels in more than a week amid a continued global selloff in fixed-income markets, with the German 10-year yield remaining close to the previous session’s peak. Stronger-than-expected U.S. inflation data for October reinforced bets on tighter monetary policy, amid the possibility that the Federal Reserve will raise rates by 50 basis points in December. The dollar held on to its gains near a one-month high, while the yen approached 160 per dollar.
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