LONDON, Jan 15 (Reuters) - The euro briefly extended gains and German benchmark bond yields hit the day's high after European Central Bank rate-setter Ardo Hansson said the central bank could end its bond purchase scheme in one go after September if the economy and inflation develop as expected.
Minutes of the ECB's December meeting published on Thursday suggested growing appetite for revising the bank's communication stance, fueling expectations the central bank may withdraw its record policy stimulus sooner than expected. The yield on Germany's 10-year bond hit the day's high at 0.526 percent after Hansson's comments. The euro extended gains after his comments to rise 0.64 percent on the day before easing slightly to stand at $1.2270 against the dollar.
(Reporting by the London Markets Team; Editing by Tommy Wilkes)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.