(Bloomberg) -- European two-year note yields held near the highest in almost five years as signs the $10.4 trillion euro region economy is growing reinforce expectations the European Central Bank will raise interest rates further this year.
Benchmark two-year yields climbed by the most in two months yesterday after data showed unemployment in Germany slid to the lowest in almost six years. Producer prices in the 13 nations using the euro rose for a third month in March, a report today showed. Traders have maintained wagers of two quarter-point rate increases by the ECB.
Read more at Bloomberg Bonds News
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