(Bloomberg) -- European bonds may gain for a second
day on speculation yields already reflect the risk of the
European Central Bank raising interest rates again this year.
The yield on the benchmark 10-year bund has risen 16 basis
points in the past week after ECB President Jean-Claude Trichet
signaled the bank would raise rates further. Debt may also gain
on speculation yields near a five-year high will attract buyers.
Read more at Bloomberg Bonds News
day on speculation yields already reflect the risk of the
European Central Bank raising interest rates again this year.
The yield on the benchmark 10-year bund has risen 16 basis
points in the past week after ECB President Jean-Claude Trichet
signaled the bank would raise rates further. Debt may also gain
on speculation yields near a five-year high will attract buyers.
Read more at Bloomberg Bonds News
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