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LONDON — Euro zone bond yields edged higher on Monday, reflecting brighter sentiment in world markets and a growing sense the worst may be behind for a coronavirus-battered economy.
Most 10-year bond yields across the currency bloc were up 1-2 basis points on the day, while U.S. Treasury yields were also a touch higher.
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Euro zone bond yields nudge higher as global sentiment improves Back to video
While bond markets have stabilized from a U.S. led selloff earlier this year, improving economic indicators and a pick up in the COVID-19 vaccination rollout have started to put some upward pressure on euro area borrowing costs.