By Emelia Sithole-Matarise LONDON (Reuters) - Southern European sovereign bonds remained under pressure on Wednesday as the wrangling between Greece and its creditors raised the spectre of default and the country's exit from the euro. Results were poor at auctions over the past two months as strong inflation data led investors to reassessed record low yields. This week's rise has lost momentum as investors covered short positions before a Federal Reserve meeting that could signal its intentional to raise U.S. rates later this year.
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