Directions (1-5): Rearrange the following sentences (A), (B), (C), (D), (E), (F) in the proper sequence to form a meaningful paragraph; then answer the questions given below them. 
(A) The yield on German government bonds reached their highest level in 18 months, while that on the 10-year U.S. Treasury bonds reached its highest level in eight weeks.
(B) Notably, the minutes of the European Central Bank’s June meeting indicated that the bank might walk back on its commitment to expand its €60 billion bond purchase programme.
(C) The Bank of England and the Bank of Canada have shown signs of hawkishness.
(D) Bond markets around the globe showed signs of weakness last week, with major central banks hinting at a possible end to years of ultra-loose monetary policy.
(E) The U.S. Federal Reserve has already hiked rates this year, and warned of the risks posed by low rates.
(F) Results of the auction of 30-year French government bonds were the immediate trigger behind the rout as it pointed to a drop in excess demand; the bid-to-cover ratio dropped to 1.5 from 1.93 in January.