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Euro zone bond yields resume rise as focus shifts to Fed's unwind

Reuters  |  LONDON 

By John GeddieLONDON (Reuters) - Euro zone bond yields resumed their rise on Tuesday as focus shifted to the pace of monetary tightening in the United States and when the Federal Reserve might start unwinding its massive balance sheet.Yields across the bloc fell on Monday, retracing some of the sharp rise seen over the last two weeks in which the benchmark German 10-year yield has more than doubled on the growing view that the European Central Bank will begin reining in its ultra-loose policy sooner rather than later.They remained under upward pressure after ECB director Benoit Coeure said on ...

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First Published: Tue, July 11 2017. 21:06 IST