(Bloomberg) -- European government bonds were little
changed after European Central Bank policy makers raised interest
rates and before a speech by President Jean-Claude Trichet, who
may hint at further increases in borrowing costs.
Yields on two-year notes, more sensitive to interest-rate
expectations, held near a six-year high after the ECB lifted its
main rate a quarter point to 4 percent as predicted by all 54
economists in a Bloomberg News survey. Investors are betting
rates will go higher again this year to curb inflation as
economic growth in the euro region beats expectations.
Read more at Bloomberg Bonds News
changed after European Central Bank policy makers raised interest
rates and before a speech by President Jean-Claude Trichet, who
may hint at further increases in borrowing costs.
Yields on two-year notes, more sensitive to interest-rate
expectations, held near a six-year high after the ECB lifted its
main rate a quarter point to 4 percent as predicted by all 54
economists in a Bloomberg News survey. Investors are betting
rates will go higher again this year to curb inflation as
economic growth in the euro region beats expectations.
Read more at Bloomberg Bonds News
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