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Bond yields, euro jump as reflation trade makes a comeback

© Reuters. Hungarian woman exchanges forints for euros at a currency exchange shop in Esztergom© Reuters. Hungarian woman exchanges forints for euros at a currency exchange shop in Esztergom

By Swati Pandey

SYDNEY (Reuters) – The euro neared multi-year peaks on Friday as talk of policy tightening in Europe and expectations that inflation is set to gear higher drove up borrowing costs globally.

Yields on 10-year U.S. Treasuries () jumped to a near four-year …
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