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Euro zone bond yields rise to two-week highs
October 5, 2016 / 6:20 AM / a year ago

Euro zone bond yields rise to two-week highs

LONDON, Oct 5 (Reuters) - Most euro zone government bond yields rose to two-week highs in early Wednesday trade, with investors on edge a day after a media report served as a reminder that the massive European Central Bank asset purchases would eventually be wound down.

The ECB has not discussed reducing the pace of its monthly bond buying, a central bank media officer tweeted late on Tuesday. That was a response to a Bloomberg article that cited sources as saying the central bank would probably wind down its bond buying gradually before ending quantitative easing.

Germany’s 10-year Bund yield rose 4 basis points to minus 0.040 percent, its highest level in two weeks.

Across the euro zone, 10-year yields were 4-8 bps higher on the day with Dutch, Finnish, Spanish and Italian yields also hitting their highest levels in around two weeks. (Reporting by Dhara Ranasinghe, editing by Nigel Stephenson)

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