Traders confer on the floor of the New York Stock Exchange.
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The euro hit a near nine-year low Monday as markets bet that the prospect of inflation across the region turning negative and political uncertainty in Greece will force the European Central Bank to launch quantitative easing.Economists forecast that eurozone consumer prices fell 0.1 percent in December, the first decline since 2009 .The region's FTSEuroFirst 300 index of leading shares was down 0.4 percent as Britain's FTSE, France's CAC40 and Germany's DAX lost 0.5-0.7 percent.Eurozone yields were anchored near record lows with Germany's 10-year yield at 0.5 percent, and equivalent U.S. Treasury yields were steady at 2.12 percent.Greece's bonds were in the firing line again, however, as 10-year yields rose 21 basis points to 9.46 percent and three-year ones climbed further above 12 percent.
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