(Bloomberg) -- European two-year government bond yields traded near the highest in almost five years before a report on economic growth in the euro region.
The extra yield investors earn on 10-year U.S. Treasuries over similar maturity German bunds today shrank to the least since 2004 as growth in Europe is set to outpace U.S. expansion. European interest-rate futures suggest investors are increasing bets the ECB will raise rates twice more this year.
Read more at Bloomberg Bonds News
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