Tuesday, 19 June 2007

European Government Bonds Gain; German Sentiment Index Unexpectedly Falls

(Bloomberg) -- European government bonds rose after
a report showed investor confidence in Germany, Europe's biggest
economy, unexpectedly fell this month.

Ten-year yields fell from near the highest since August 2002
after the ZEW Center for European Economic Research said its
index of investor and analyst expectations fell to 20.3 from 24
in May. The median estimate of economists in a Bloomberg survey
had forecast a reading of 29.


Read more at Bloomberg Bonds News

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