Robust U.S., euro zone data hurts euro zone bonds
* German 10-year yields hit 6-week high
* French debt risk premium at 6-month low
By Emelia Sithole-Matarise
LONDON, Dec 4 (Reuters) - Euro zone bonds fell across the
board on Wednesday as U.S. data showed growing momentum in the
world's biggest economy that could prompt the Federal Reserve to
start scaling back its monetary stimulus soon.
German 10-year yields rose to their highest in six weeks,
with the euro zone's safe-haven debt underperforming the rest of
the market, notably French bonds, whose 10-year yield premium
hit its lowest in six months at around 40 basis points.
Bunds were on the back foot early in the session after data
showed the pace of recovery in the euro zone private sector
slowing but ahead of market expectations.
The sell-off gained pace after stronger-than-expected U.S.
employment figures - a precursor for non-farm payrolls data on
Friday - that suggested the labour market is robust enough for
the Federal Reserve to start trimming its bond purchases.