(Bloomberg) -- European government bonds may fall
before a report economists forecast will show German industrial
production rebounded in May, reinforcing speculation the European
Central Bank will keep raising interest rates to curb growth.
Government debt fell last week, sending yields near to near
a five-year high, after President Jean-Claude Trichet signaled
borrowing costs will rise further, and a report showed
manufacturing orders in Europe's largest economy gained more than
expected. Investors added to bets the ECB will lift its key rate
a half percentage point to 4.5 percent by the year-end.
Read more at Bloomberg Bonds News
before a report economists forecast will show German industrial
production rebounded in May, reinforcing speculation the European
Central Bank will keep raising interest rates to curb growth.
Government debt fell last week, sending yields near to near
a five-year high, after President Jean-Claude Trichet signaled
borrowing costs will rise further, and a report showed
manufacturing orders in Europe's largest economy gained more than
expected. Investors added to bets the ECB will lift its key rate
a half percentage point to 4.5 percent by the year-end.
Read more at Bloomberg Bonds News
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