(Bloomberg) -- The yield on two-year European government notes held near a four-year high after Bundesbank President Axel Weber said Germany's central bank may raise its forecast for economic growth this year.
Benchmark debt fell for a fourth week after the European Central Bank added to speculation it may lift interest rates as much as half a percentage point this year. ``There is the chance we may raise our forecast,'' Weber, who is also a council member of the ECB, told Germany's Frankfurter Allgemeine Zeitung. The Bundesbank's current forecast for growth in Europe's largest economy is around 2 percent.
Read more at Bloomberg Bonds News
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