(Bloomberg) -- European two-year government note
yields rose to the highest since May 2001 as investors add to
bets the region's central bank will increase interest rates
further on signs of faster expansion in the 13-nation economy.
Benchmark two-year yields have climbed more than a quarter
of a percentage point in May as a report today showed confidence
in the $10.4 trillion euro region economy climbed this month to
the highest in almost six years. The European Central Bank has
signaled it will raise borrowing costs next week.
Read more at Bloomberg Bonds News
yields rose to the highest since May 2001 as investors add to
bets the region's central bank will increase interest rates
further on signs of faster expansion in the 13-nation economy.
Benchmark two-year yields have climbed more than a quarter
of a percentage point in May as a report today showed confidence
in the $10.4 trillion euro region economy climbed this month to
the highest in almost six years. The European Central Bank has
signaled it will raise borrowing costs next week.
Read more at Bloomberg Bonds News
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