14-05-2015 10:32 via news.yahoo.com

Euro at three-month high, bond yields key

By Jamie McGeever LONDON (Reuters) - The euro hit a three-month high against the dollar on Thursday, drawing further support from a sustained surge in euro zone government bond yields that again kept global stock markets on the defensive. The euro rose above $1.14, bringing its gains against the U.S. currency in the last month to nearly 9 percent as the difference between benchmark U.S. and euro zone 10-year yields shrinks from the euro-lifetime high touched in March. European stock markets were
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