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Germany's benchmark 10-year bond yield rose to its highest level in more than two weeks Monday, after a stronger-than-expected German business sentiment survey added to signs of an improving outlook for the eurozone economy.Germany's benchmark 10-year bond yield rose 3 basis points to 0.38 percent, its highest level in more than two weeks.The rise in German yields left the gap with U.S. Treasury yields at around 245 basis points – close to its narrowest since early June as investors bet that perhaps the divergence in the U.S. and eurozone monetary policy outlooks is not as stark as it appeared just a few months ago.Eurozone bond yields were 2-3 basis points higher, but trade was subdued due to a holiday in Britain.
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