Tuesday, April 24, 2007

European Bonds Are Little Changed Before Ifo's Business Confidence Report

(Bloomberg) -- European government bonds were little changed before a survey that's expected to show business confidence in Germany climbed for a second month in April.

Benchmark European debt posted an advance last week as the euro's gain versus the dollar stoked concern about growth in the $10.4 trillion euro region economy. Germany's Ifo institute will say its gauge of business confidence in Europe's biggest economy rose to 107.9 from 107.7 in March, according to economists surveyed by Bloomberg News.


Read more at Bloomberg Bonds News

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