India, Oct. 1 -- The Swiss franc rebounded from recent lows against other major currencies in the European session on Thursday, as investor sentiment in European stock markets remained weak amidst a hardening in global bond yields.
Ten-year bond yields have increased more than a quarter percent in Germany, France, U.K., as well as Spain. The easing in crude oil prices, the momentum in tech stocks as well as toned down expectations of another Fed rate hike in October is expected to limit losses.
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