Euro zone bond yields rise ---

Euro zone government bond yields rose on Thursday as German data shifted the market focus to surging inflation, while gilt investors resumed selling after the Bank of England (BoE) stepped in to quell a storm the day before, reports Reuters.
Euro area yields had plunged on Wednesday, tracking moves in UK gilts as the BoE announced the immediate launch of an emergency bond-buying programme to prevent the market turmoil from spreading.
Analysts were cautious about the BoE measures, arguing that to restore markets' confidence, the British Treasury needs to announce a credible plan to get debt under control.
Germany's 10-year government bond yield , the benchmark of the bloc, rose 11 basis points (bps) to 2.25 per cent. It hit its highest since December 2011 at 2.35 per cent on Wednesday.