Tuesday, May 15, 2007

European 10-Year Yields Hold Near 3-Year High on German Inflation Report

(Bloomberg) -- European 10-year bond yields held near the highest in almost three years after a report showed inflation in Germany, Europe's largest economy, held its momentum in April.

Yields have risen 35 basis points this year on speculation robust economic growth will fan inflation and prompt higher interest rates. Futures trading shows that investors are raising bets on how high policy makers will lift interest rates.


Read more at Bloomberg Bonds News

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