(Bloomberg) -- European government bonds may decline
on speculation the European Central Bank will this week signal it
is willing to raise interest rates further.
Benchmark two-year notes last month fell by the most since
March 2006, sending yields to six-year highs, on concern the ECB
needs to do more to keep inflation from quickening as growth in
the euro region economy proves to be faster than expected. A
report today may show expansion in European service industries
picked up in May, adding to the case for higher rates.
Read more at Bloomberg Bonds News
on speculation the European Central Bank will this week signal it
is willing to raise interest rates further.
Benchmark two-year notes last month fell by the most since
March 2006, sending yields to six-year highs, on concern the ECB
needs to do more to keep inflation from quickening as growth in
the euro region economy proves to be faster than expected. A
report today may show expansion in European service industries
picked up in May, adding to the case for higher rates.
Read more at Bloomberg Bonds News
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