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Germany’s 10-year government bond yield rises above 1%

Aug 17 (Reuters) - Euro zone government bond yields rose on Wednesday as double-digit inflation data from the UK shifted investors' focus to potential further monetary tightening across the bloc. Germany’s 10-year government bond yield was up 2.9 bps to 1.007%. DE10YT=RR The 2-year yield, more sensitive to rate hike expectations, rose 4 basis points (bps) to 0.615%. DE2YT=RR. British consumer prices jumped to 10.1% in July, its highest since February 1982, up from an annual rate of 9.4% in June, intensifying the squeeze on households, official figures showed on Wednesday. (Reporting by Stefano Rebaudo, editing by Lucy Raitano) ((stefano.rebaudo@thomsonreuters.com ; +39. 0266129431; Reuters Messaging: stefano.rebaudo.thomsonreuters.com@reuters.net ));)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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