This file photo taken on February 7, 2018 shows German artist Ottmar Hoerl's sculpture depicting the Euro logo is pictured in front of the former headquarter of the European Central Bank (ECB) in Frankfurt, western Germany. (AFP / Daniel ROLAND)
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Euro zone government borrowing costs inched down on Thursday, as investors wait to see whether the European Central Bank will offer any clues on the timing and pace of unwinding its ultra-easy monetary stimulus.A key market gauge of long-term euro zone inflation expectations on Wednesday hit a 7-week high just around 1.71 percent, showing that investors' views on the inflation outlook have changed since the ECB's last meeting.Germany's benchmark 10-year bond yield fell 2 bps to 0.617 percent, after reaching a six-week high of 0.655 percent on Tuesday.Euro zone debt yields have been dragged up this week by a rise in U.S yields.
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