1127 GMT - While an interest-rate hike by the European Central Bank next week seems likely, further tightening could pose growing risks to the eurozone economy, ING's Carsten Brzeski says in a note. The risk is heightened by surging bond yields, which are tightening financing conditions and putting pressure on public finances, he says. Higher bond yields can have an even greater impact on growth and inflation than equivalent policy-rate increases, Brzeski notes. With inflation largely driven by elevated energy prices rather than overheating demand, additional hikes would do little to address the underlying supply shock while increasing the danger of unnecessarily restrictive policy. "It's difficult to envisage the ECB being willing to risk a recession to tackle what is still a textbook supply-side shock."