(Bloomberg) -- European government bonds fell for a
third day on speculation European Central Bank President Jean-
Claude Trichet will signal further interest-rate increases after
policy makers conclude their monthly meeting.
The slide in debt has pushed yields on Europe's benchmark
bund up 11 basis points this week to the highest since June 25.
While all 42 economists surveyed by Bloomberg News forecast the
Frankfurt-based ECB will hold borrowing costs at 4 percent today,
futures trading shows investors are raising bets the key rate
will reach 4.5 percent by year-end.
Read more at Bloomberg Bonds News
third day on speculation European Central Bank President Jean-
Claude Trichet will signal further interest-rate increases after
policy makers conclude their monthly meeting.
The slide in debt has pushed yields on Europe's benchmark
bund up 11 basis points this week to the highest since June 25.
While all 42 economists surveyed by Bloomberg News forecast the
Frankfurt-based ECB will hold borrowing costs at 4 percent today,
futures trading shows investors are raising bets the key rate
will reach 4.5 percent by year-end.
Read more at Bloomberg Bonds News
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