Eurozone government bond yields rose on Friday in line with the overnight trend of US Treasuries.

The publication of the minutes of the Federal Reserve's August meeting had indicated a tightening of interest rate policy.

This was in contrast with earlier comments by the Fed that inflationary expectations had cooled.

The yield on the two-year Schatz rose 2.6 basis points to 2.573 per cent while the 10-year Bund was 1.7bp firmer at 3.96 per cent.

The UK government bond market mirrored the trend in the Eurozone with the two-year gilt rising 1.4bp to 4.71 per cent while the 10-year gilt was 1.1bp higer at 4.821 per cent.

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