UPDATE 2-Reflation trade sends German yields to new eight-month high Reuters 2/18/2021 * Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr (Add details, updates prices) Popular Searches By Danilo Masoni and Yoruk Bahceli MILAN/AMSTERDAM, Feb 18 (Reuters) - Euro zone bonds extended their slide on Thursday, with German yields hitting a new eight-month high after a hefty sell-off earlier in the week driven by expectations of rising inflation. Expectations of economic recovery from the COVID-19 downturn and fiscal stimulus in the United States have caused a surge in global bond yields, led by U.S. Treasuries, in recent sessions.