Swiss Franc Bounces Amid Global Bond Yield Surge

The Swiss franc has rebounded from recent lows against other major currencies in the European session on Thursday.

This movement comes as investor sentiment in European stock markets remains weak, amidst a hardening of global bond yields.

Ten-year bond yields have increased by more than a quarter percent in Germany, France, the UK, and Spain.

The easing of crude oil prices and momentum in tech stocks are expected to limit losses.