European Government Bonds Snap Advance After Report Shows Economy Growing

(Bloomberg) -- European government bonds snapped a
three-day advance after reports showed the region's economy
expanded faster than previously estimated and is poised to keep
growing through the year.

Bonds also slid as the European Central Bank said interest
rates are still low enough to support growth, suggesting it sees
room to raise them further. ECB President Jean-Claude Trichet
yesterday said there are ``upside risks'' on inflation.


Read more at Bloomberg Bonds News