German 10 yield bund yield breaches 0.5%, takes Euro higher

European majors are trading broadly higher today as boosted by surging major benchmark yields.

German 10 year bund yield reaches as high as 0.513 and continues to press 0.5 handle.

UK 10 year gilt yield also surges to as high as 1.421 and is trying to stay firm above 1.4.

Charts from MarketWatch.