(Bloomberg) -- European two-year government bonds
yields held near the highest since May 2001 after European
Central Bank President Jean-Claude Trichet hinted at further
increases in borrowing costs
Yields on benchmark 10-year bunds, more sensitive to the
inflation outlook, stayed at the highest in more than three years
after Trichet said interest rates in the euro region are still on
the ``accommodative'' side. The ECB lifted its refinancing rate a
quarter point to 4 percent today as predicted by all 54
economists in a Bloomberg News survey.
Read more at Bloomberg Bonds News
yields held near the highest since May 2001 after European
Central Bank President Jean-Claude Trichet hinted at further
increases in borrowing costs
Yields on benchmark 10-year bunds, more sensitive to the
inflation outlook, stayed at the highest in more than three years
after Trichet said interest rates in the euro region are still on
the ``accommodative'' side. The ECB lifted its refinancing rate a
quarter point to 4 percent today as predicted by all 54
economists in a Bloomberg News survey.
Read more at Bloomberg Bonds News
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