(Bloomberg) -- European government bonds rose,
pushing 10-year yields to the lowest in two months, after a
decline in stocks and concern over U.S. subprime losses spurred
demand for the safest assets.
Government debt also advanced for a third day as the risk of
owning European corporate bonds rose, according to traders of
credit default swaps. Business confidence in Germany fell for a
second month, prompting investors to scale back expectations of
further interest-rate increases by the European Central Bank.
Read more at Bloomberg Bonds News
pushing 10-year yields to the lowest in two months, after a
decline in stocks and concern over U.S. subprime losses spurred
demand for the safest assets.
Government debt also advanced for a third day as the risk of
owning European corporate bonds rose, according to traders of
credit default swaps. Business confidence in Germany fell for a
second month, prompting investors to scale back expectations of
further interest-rate increases by the European Central Bank.
Read more at Bloomberg Bonds News
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