(Bloomberg) -- European two-year notes are poised to
drop this week before reports that are forecast to show
manufacturing in the 13-nation euro region rose last month and
German retail sales rebounded, underpinning the case for higher
interest rates.
Two-year yields rose to a six-year high yesterday as
investors added to bets the European Central Bank will lift
interest rates further from 3.75 percent. A report yesterday
showed confidence in the $10.4 trillion euro region economy
climbed to the highest in almost six years.
Read more at Bloomberg Bonds News
drop this week before reports that are forecast to show
manufacturing in the 13-nation euro region rose last month and
German retail sales rebounded, underpinning the case for higher
interest rates.
Two-year yields rose to a six-year high yesterday as
investors added to bets the European Central Bank will lift
interest rates further from 3.75 percent. A report yesterday
showed confidence in the $10.4 trillion euro region economy
climbed to the highest in almost six years.
Read more at Bloomberg Bonds News
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