Monday, April 16, 2007

European Government Bonds Are Little Changed Before German Sentiment Index

(Bloomberg) -- European government bonds were little changed before a report that's expected to show confidence among German investors rose to a nine-month high in April, adding to expectations for higher interest rates in Europe.

Benchmark debt fell for a fourth week after the European Central Bank reinforced speculation it may lift borrowing costs by half a percentage point this year. The ZEW Center for European Economic Research may say its gauge of investor expectations rose to the highest since July 2006, according to a Bloomberg survey.


Read more at Bloomberg Bonds News

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