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المشهد العربي
European bond yields climb amid global sell-off
European bond yields continued to rise during Thursday's trading sessions, influenced by a global sell-off impacting government debt markets. The yield on 10-year French bonds reached its highest level in 18 years at 4.962%, while UK 30-year bond yields surpassed the 6% mark for the first time since March 1998. In Germany, 10-year bond yields rose to 3.60%, after hitting a high of 3.65% in the previous session — the highest since June 2009. Over the third quarter, German bond yields declined by 71 basis points amid concerns over mounting inflation and ongoing interest rate hikes, despite European and British stocks dropping to their lowest levels in three months.
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