(Bloomberg) -- European bonds may fall after their
steepest drop in a week, and before a report that's expected to
show business optimism in the region's largest economy is
buoyant, underpinning the case for the European Central Bank to
keep raising interest rates.
The drop in debt pushed 10-year yields to near a five-year
high yesterday as investors reassessed the outlook for global
borrowing costs. An index tomorrow is likely to show German
business confidence held near the highest on record this month.
Futures show traders are adding to bets the ECB will raise rates
twice more this year.
Read more at Bloomberg Bonds News
steepest drop in a week, and before a report that's expected to
show business optimism in the region's largest economy is
buoyant, underpinning the case for the European Central Bank to
keep raising interest rates.
The drop in debt pushed 10-year yields to near a five-year
high yesterday as investors reassessed the outlook for global
borrowing costs. An index tomorrow is likely to show German
business confidence held near the highest on record this month.
Futures show traders are adding to bets the ECB will raise rates
twice more this year.
Read more at Bloomberg Bonds News
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