Euro zone bond yields leap as ECB lays out rate hiking path –

A trader works at the Frankfurt stock exchange in Frankfurt, Germany, February 22, 2022. REUTERS/Timm Reichert

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  • Peripheral bond yields up 12 to 24 bps
  • Euro weakens in volatile trading
  • Money markets ramp up rate hike bets

LONDON/MILAN, June 9 (Reuters) – Bond yields across southern Europe jumped on Thursday after the European Central Bank signalled a string of interest rate hikes starting in July to tame record-high inflation.

European stocks fell on confirmation that the ECB would end its Asset Purchase Programme, its main stimulus tool since the euro zone debt crisis.

Policymakers also flagged a 25 bps move in July and said they may move …….


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