Euro zone bond yields jump as reflation trade bites ...Middle East

Most euro zone bond yields rose sharply on Monday, climbing to multi-month highs as reflation expectations gripped markets in the face of brighter world growth prospects and optimism over the coronavirus vaccine rollout. A selloff in safe-haven German debt was exacerbated by the perception of reduced risk surrounding Italy, where trusted former European Central Bank chief Mario Draghi was sworn in as prime minister on Saturday.

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