european bondholders are coming to terms with the fact that this year’s devastating losses may have further to run in 2023 the worstever year for the region’s bonds is ending with one of the most brutal selloffs in months after a chorus of central bankers warned investors that interest rates will rise more than expected with traders already betting on another 130 basis points of hikes versus barely a halfpoint increase from the federal reserve a fresh wave of selling looks to be in store