European Government Bonds Gain on Expectations Inflation Will Be Curbed

(Bloomberg) -- European 10-year government bonds rose on speculation higher interest rates will contain inflation in the euro region.

Benchmark European debt posted an advance last week as the euro's gain versus the dollar stoked concern that growth in the $10.4 trillion euro region economy. European Central Bank executive board member Gertrude Tumpel-Gugerell said today she's ``confident'' inflation in the euro area will remain below the bank's 2 percent ceiling.


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