Tuesday, April 17, 2007

European Government Bonds May Decline on View ECB Will Keep Lifting Rates

(Bloomberg) -- European government bonds may drop as economic indicators continue to reinforce expectations that interest rates will increase in the euro region economy.

Benchmark debt fell for a fourth week after the European Central Bank stoked speculation it will lift borrowing costs by half a percentage point this year to as much as 4.25 percent. The ZEW Center for European Economic Research said yesterday its gauge of investor expectations in Germany surged to a 10-month high in April.


Read more at Bloomberg Bonds News

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