Euro zone bond yields climb as investors tone down rate-cut optimism ...Middle East

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Euro zone bond yields climb as investors tone down rate-cut optimism
Euro zone bond yields rose on Tuesday, after dipping on Monday, as investors further rowed back on their interest rate-cut bets for 2024 and braced for more government debt issuance. Yields, which move inversely to prices, have climbed in 2024 after plunging in November and December as falling inflation and a softer tone from central banks caused traders to price in big falls in borrowing costs this year.

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