(Bloomberg) -- European government bonds may drop for a second day before a report that's expected to show consumer confidence rose in Germany, adding to expectations for higher interest rates in the euro region.
Benchmark debt slid yesterday after the Ifo institute said its gauge of German business sentiment climbed to the second- highest level on record in April. GfK AG may say its confidence index for Germany, Europe's largest economy, rose to 4.7 from 4.4 in April, according to a survey of economists by Bloomberg News.
Read more at Bloomberg Bonds News
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