(Bloomberg) -- European government bonds dropped for the first day in three after a survey showed business confidence in Germany climbed for a second month in April.
Benchmark European debt advanced last week as the euro's gain versus the dollar stoked concern about growth in the $10.4 trillion euro region economy. Germany's Ifo institute said its gauge of business sentiment in Europe's biggest economy rose to 108.6 from 107.7 in March. Economists surveyed by Bloomberg News had expected a gain to 107.9.
Read more at Bloomberg Bonds News
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