Short-dated eurozone government bond yields edged higher on Thursday, a day after the U.S. Federal Reserve raised interest rates and signalled that further increases could be needed to bring inflation under control, according to a report by Reuters.
The Fed increased its benchmark overnight interest rate by 25 basis points to a range of 3.75%-4%, marking its first rate hike in three years. Its latest projections indicated that a majority of policymakers expect at least one more increase by the end of the year.
