German 10-year bond yields hit highest in over 3 weeks ...Middle East

Euro zone government bond yields were set on Friday for their biggest weekly jump since mid-April, with German 10-year yields rising to their highest in over three weeks on optimism about the U.S. debt ceiling and strong economic data. Germany's 10-year bond yield, the benchmark for the euro zone, rose as high as 2.499%. It has risen around 21 basis points (bps) this week -- the biggest weekly increase since the week ending April 14.

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