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What Has Caused Europe's Bond Rout?

Forbes - 7 May 2015 20:20
What Has Caused Europe's Bond Rout? The past week or two has seen an unprecedented rout in bond markets with German ten year bunds being the prime example. German ten year bund yields hit a record low of 0.05% on 13 April. But yields then rebounded to 0.74% earlier today putting it on course for the biggest weekly rise since the country joined the euro in 1999 (see chart below from WSJ MarketWatch).
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