Yields climb amid debt concerns
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U.S. and eurozone government bond yields rose Thursday, nearing recent highs as markets faced renewed concerns about borrowing costs and potential sovereign-debt strains.
Or is it policy-induced?
If so, and when it comes (also uncertain), will authorities use the right tool, or a second-best option that brings unintended consequences and collateral damage?
#economy #markets #bonds #yields #europe
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