(Bloomberg) -- European government bonds fell as
investors shunned the lowest benchmark yield in two months on
anticipation interest rates will climb in the euro region.
Bonds also slid as a technical chart some investors use to
gauge price movements signaled recent gains have been too rapid.
Benchmark 10-year bunds headed for the first monthly advance in
five as widening losses on subprime mortgages, increased risk of
holding corporate debt and a slump in global stocks has drawn
investors to the relative safety of government securities.
Read more at Bloomberg Bonds News
investors shunned the lowest benchmark yield in two months on
anticipation interest rates will climb in the euro region.
Bonds also slid as a technical chart some investors use to
gauge price movements signaled recent gains have been too rapid.
Benchmark 10-year bunds headed for the first monthly advance in
five as widening losses on subprime mortgages, increased risk of
holding corporate debt and a slump in global stocks has drawn
investors to the relative safety of government securities.
Read more at Bloomberg Bonds News
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