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Euro zone bond yields tick up as markets scale back rate cut bets

Euro zone government bond yields were on track to close the week higher as investors balanced recession fears against comments from European Central Bank policymakers pushing against market.

Eurozone Economy Flirts With Recession

Euro area is on the brink of recession as the economy of the single currency bloc failed to grow in three out of the last four quarters, latest data from the statistical office Eurostat showed Tuesday.

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