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European bond yields ease after sell-off as US mortgage rates hit a high in Trump’s term

Photo: Euronews

What happened

European government bond yields eased on Friday morning, pulling back from a brutal sell-off earlier in the week, even as US Treasury yields pushed to fresh multi-decade highs on Wednesday and Thursday, and mortgage rates in America hit 7%, their highest level since Donald Trump returned to office.

Summary assembled by rule from the sources below

Sources