(Bloomberg) -- European government bonds dropped for
a second day on speculation the European Central Bank will keep
raising interest rates to curb inflation.
Benchmark debt fell, pushing 10-year yields up from a week-
low, as the ECB said rates are still low enough to support growth
and the European Union said the region's economy grew at a
faster-than-expected pace in the first quarter. A report July 16
may say inflation held at 1.9 percent, just below the ECB's 2
percent target, according to economists in a Bloomberg survey.
Read more at Bloomberg Bonds News
a second day on speculation the European Central Bank will keep
raising interest rates to curb inflation.
Benchmark debt fell, pushing 10-year yields up from a week-
low, as the ECB said rates are still low enough to support growth
and the European Union said the region's economy grew at a
faster-than-expected pace in the first quarter. A report July 16
may say inflation held at 1.9 percent, just below the ECB's 2
percent target, according to economists in a Bloomberg survey.
Read more at Bloomberg Bonds News
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