(Bloomberg) -- Polish government bonds were set for
their fifth weekly drop on speculation the central bank will
raise interest rates twice more this year to stem inflation.
Bonds fell, sending yields to the highest in more than two
years, as traders raised bets interest rates could rise as much
as a half-point to 5 percent by year-end. Yields had their second
biggest weekly gain this year after the Finance Ministry said
price growth breached the central bank's target for the first
time since 2005.
Read more at Bloomberg Emerging Markets News
their fifth weekly drop on speculation the central bank will
raise interest rates twice more this year to stem inflation.
Bonds fell, sending yields to the highest in more than two
years, as traders raised bets interest rates could rise as much
as a half-point to 5 percent by year-end. Yields had their second
biggest weekly gain this year after the Finance Ministry said
price growth breached the central bank's target for the first
time since 2005.
Read more at Bloomberg Emerging Markets News
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