(Bloomberg) -- European 10-year bond-yields held near the highest in three years as European Central Bank President Jean-Claude Trichet signaled interest rates will be raised in June.
Benchmark 10-year yields have risen 22 basis points in the past three months as the ECB said robust economic growth may fan inflation in the region and merits higher rates. Bonds were steady as Trichet pledged ``strong vigilance'' from rate setters yesterday, flagging a rate move in June, as yields already reflect expectations for two more rate increases this year.
Read more at Bloomberg Bonds News
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