Euro zone government bond yields rose on Monday after falling sharply the previous week, as investors scrutinised economic data for signs of when interest rates are likely to peak and braced for a wave of debt issuance. Germany’s 10-year yield, seen as a benchmark for the currency bloc, was up 5 basis points (bps) to 2.253%. Germany’s 2-year yield, which is highly sensitive to interest rate expectations, rose 4 bps to 2.633%.
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