The selloff in eurozone government bonds eased on Thursday, but yields remained close to multi-year highs as stronger economic activity and elevated oil prices reinforced expectations that the European Central Bank may need to tighten monetary policy further.
Germany's 10-year government bond yield, the benchmark for the euro zone, was little changed at 3.547%, remaining just below a 17-year high of 3.5723% reached last week. Bond yields move inversely to prices.
