German Bund yield hits fresh 8-month high, reflation prevails ...Middle East

Germany's benchmark 10-year bond yield briefly rose to a fresh eight-month high on Monday, as bets on stronger economic growth and inflation in the months ahead continued to weigh on major government bond markets across the world. Most euro area bond yields were steady to a touch lower on the day, but holding near multi-month highs hit recently on growing confidence that more U.S. fiscal stimulus will lift global growth prospects.

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