(Bloomberg) -- European government bonds rose for a
fifth day, pushing 10-year yields to the lowest in more than two
months, as the risk of owning corporate debt soared to a record.
Benchmark bunds headed for their longest run of gains since
March as Germany's IKB Deutsche Industriebank AG said it had
losses on U.S. subprime mortgages. Investors sold company debt
in favor of safer government securities as IKB's report added to
signs that the U.S. subprime debacle is spreading.
Read more at Bloomberg Bonds News
fifth day, pushing 10-year yields to the lowest in more than two
months, as the risk of owning corporate debt soared to a record.
Benchmark bunds headed for their longest run of gains since
March as Germany's IKB Deutsche Industriebank AG said it had
losses on U.S. subprime mortgages. Investors sold company debt
in favor of safer government securities as IKB's report added to
signs that the U.S. subprime debacle is spreading.
Read more at Bloomberg Bonds News
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