(Bloomberg) -- European government bonds fell, sending
two-year yields to near the highest in almost five years, on
expectations the pace of economic growth will give the European
Central Bank scope to keep raising interest rates this year.
A report tomorrow will probably show German investor
confidence rose to an 11-month high in May. European debt fell by
the most last week in five after reports showed European economies
grew faster than forecast in the first quarter, and euro-region
inflation quickened. Futures prices show investors raising bets
the ECB will lift rates at least twice more this year.
Read more at Bloomberg Bonds News
two-year yields to near the highest in almost five years, on
expectations the pace of economic growth will give the European
Central Bank scope to keep raising interest rates this year.
A report tomorrow will probably show German investor
confidence rose to an 11-month high in May. European debt fell by
the most last week in five after reports showed European economies
grew faster than forecast in the first quarter, and euro-region
inflation quickened. Futures prices show investors raising bets
the ECB will lift rates at least twice more this year.
Read more at Bloomberg Bonds News
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