(Bloomberg) -- European bonds were little changed
before a survey that's forecast to show business confidence in
Germany, the region's largest economy, fell for a second month in
July.
Benchmark 10-year yields are near the lowest in almost two
months on concern a housing slump in the U.S. will spread to
Europe. The region's exporters are being hurt by an almost 2
percent surge in the euro against the dollar in the past month.
The Ifo institute's sentiment index declined to 106.4 this month
from 107 in June, according to a Bloomberg survey of economists.
Read more at Bloomberg Bonds News
before a survey that's forecast to show business confidence in
Germany, the region's largest economy, fell for a second month in
July.
Benchmark 10-year yields are near the lowest in almost two
months on concern a housing slump in the U.S. will spread to
Europe. The region's exporters are being hurt by an almost 2
percent surge in the euro against the dollar in the past month.
The Ifo institute's sentiment index declined to 106.4 this month
from 107 in June, according to a Bloomberg survey of economists.
Read more at Bloomberg Bonds News
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