(Bloomberg) -- European government bonds may drop
for a second day before a report that's expected to show
improving investor confidence in the German economy, the region's
largest.
The fall in European debt has pushed 10-year bund yields to
the highest since August 2002 as traders increase wagers the
European Central Bank will lift interest rates twice more this
year. ECB council member Jose Manuel Gonzalez-Paramo said
yesterday monetary policy was accommodative, suggesting rates in
the $10.4 trillion euro-region economy have further to rise.
Read more at Bloomberg Bonds News
for a second day before a report that's expected to show
improving investor confidence in the German economy, the region's
largest.
The fall in European debt has pushed 10-year bund yields to
the highest since August 2002 as traders increase wagers the
European Central Bank will lift interest rates twice more this
year. ECB council member Jose Manuel Gonzalez-Paramo said
yesterday monetary policy was accommodative, suggesting rates in
the $10.4 trillion euro-region economy have further to rise.
Read more at Bloomberg Bonds News
No comments:
Post a Comment