LONDON, June 27 (Reuters) - Euro zone government bond
yields rose to their highest levels in two weeks on Thursday as
investors waited for inflation data from the United States and
some of the bloc's countries on Friday.
Germany's 10-year bond yield, the benchmark for
the euro zone, rose to 2.471% in early trading, the highest
since June 14. It last stood 1 basis point (bp) higher at
2.463%.
Stronger-than-expected inflation prints from Australia and
Canada this week have reminded markets that the battle against
price rises is ongoing.
France's 10-year bond yield rose to 3.24% in
early trading, the highest since June 12. Italy's 10-year yield
climbed to 4.02%, also the highest since June 12.
The risk premium investors demand to hold French debt
remained within striking distance of a seven-year high, hit
almost two weeks ago as markets worried about the risk of
far-right or far-left parties winning upcoming parliamentary
elections.
The so-called spread between French and German 10-year
yields was at 77 bps, near the more than 80 bp
level hit on June 14.