Germany’s 10-year bond yields hit 11-year high

ISTANBUL

Germany’s 10-year bond yields hit a new 11-year-high level on Thursday, reaching 2.45%.

It was at minus 0.4% a year ago, while at the 2.45% level in August 2011 for the last time.

The country’s annual inflation rate was at 10% in September, which is a record-high level.