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Euro zone yield rise resumes as focus shifts to Fed's unwind

Reuters  |  LONDON 

By John GeddieLONDON (Reuters) - Euro zone bond yields resumed their march upwards on Tuesday as focus shifted to the pace of monetary tightening in the world's largest economy and when the U.S. central bank might start unwinding its massive balance sheet.Yields across the bloc fell on Monday, retracing some of a 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.The ECB's Benoit Coeure is due to speak on Tuesday but ...

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First Published: Tue, July 11 2017. 16:51 IST