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Rising eurozone bond yields bolster euro
Published Wed, Oct 5, 2016 · 09:50 PM
London
THE euro soared to a five-year peak against the struggling pound on Wednesday and scaled a three-week high against the yen, bolstered by rising eurozone government bond yields.
Most eurozone bond yields rose to two-week highs in European trade, a day after a Bloomberg article cited sources as saying the European Central Bank would probably wind down its bond buying gradually before ending quantitative easing.
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