(Bloomberg) -- European 10-year government bonds pared gains after a report showed euro region money supply growth unexpectedly quickened to the fastest pace in more than 24 years.
Benchmark 10-year bund yields were near the highest since August 2005 as the quickening in money supply expansion, which the European Central Bank uses to gauge future inflation, underpinned views borrowing costs in the $10.4 trillion euro region economy have further to rise.
Read more at Bloomberg Bonds News
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