Euro zone

Euro Zone Bond Selloff Pauses as Yields Ease from Multi-Year Peaks

Euro zone government bond markets steadied after a sharp selloff pushed benchmark yields to multi-year highs, with Germany’s 10-year yield slipping slightly after touching a 17-year peak. The pause reflects a market caught between resilient growth, elevated energy costs and the prospect of further European Central Bank tightening, even as investors worry that higher long-term borrowing costs could eventually slow the economy.