(Bloomberg) -- European two-year government note
yields held near the highest in more than six years on
speculation accelerating growth in the euro region economy will
prompt central bank officials to keep raising interest rates.
The drop in benchmark debt has also sent 10-year bund yields
to near their strongest since August 2002 as traders add to bets
the European Central Bank will lift borrowing costs twice more
this year. Bonds may extend losses before a report tomorrow
that's expected to show German investor confidence rose to the
highest in a year this month.
Read more at Bloomberg Bonds News
yields held near the highest in more than six years on
speculation accelerating growth in the euro region economy will
prompt central bank officials to keep raising interest rates.
The drop in benchmark debt has also sent 10-year bund yields
to near their strongest since August 2002 as traders add to bets
the European Central Bank will lift borrowing costs twice more
this year. Bonds may extend losses before a report tomorrow
that's expected to show German investor confidence rose to the
highest in a year this month.
Read more at Bloomberg Bonds News
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