(Bloomberg) -- European government bonds are poised for a fourth week of losses as traders add to bets that central bank policy makers will lift interest rates as much as half a percentage point this year.
Two-year benchmark note yields rose to the highest in almost five years yesterday after European Central Bank President Jean-Claude Trichet said current borrowing costs were fuelling economic growth. The ECB left rates unchanged at 3.75 percent as expected by all 37 economists surveyed by Bloomberg.
Read more at Bloomberg Bonds News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment