Sunday, May 20, 2007

European Government Debt May Fall Before German Investor Confidence Report

(Bloomberg) -- European bonds may fall before a
report tomorrow that's expected to show German investor
confidence rose to an 11-month high in May, a sign growth in
Europe's largest economy is accelerating.

Government debt fell by the most last week in five after
reports showed European economies grew faster than forecast in
the first quarter, and euro-region inflation quickened. Futures
trading shows investors are raising bets on European Central Bank
policy makers lifting rates at least twice more this year.


Read more at Bloomberg Bonds News

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