Euro zone yields edge down, still near multi-year highs ...Middle East

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Euro zone yields edge down, still near multi-year highs
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Euro zone bond yields edged down on Thursday but stayed close to the multi-year highs struck as investors revised upwards expectations for the European Central Bank rate-hiking path. Borrowing costs retreated after U.S. data showed the number filing new claims for unemployment benefits increased more than expected last week, even if the underlying trend remained consistent with a tight labour market.

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