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Germany’s 10-year Bund yield tops 3.5%, highest since June 2009

Verifying
  • Germany’s 10-year Bund yield rose above 3.5%, reaching its highest level since June 2009.
  • The yield gained more than 16 basis points last week, its largest weekly increase since early March.
  • The ECB raised rates last week, before upcoming Fed, BoE and BoJ policy decisions.
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