German bond yields give up rise after U.S. price data ...Middle East

Benchmark German bond yields dipped from near two-week highs on Wednesday after crucial U.S. inflation figures came as expected, offering no additional fuel to speculation about when the Fed might taper its bond buying. The data showed U.S. consumer price increases slowed as forecast, though annual inflation overall remained historically high at 5.4% amid supply-chain disruptions associated with a swift rebound in economic activity.

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