Monday, July 16, 2007

European Government Bonds Little Changed Before Today's Inflation Report

(Bloomberg) -- European government bonds were
little changed before a report today that will probably show
inflation held near the European Central Bank's target last
month, boosting the case for higher interest rates.

The European Union will probably say consumer prices in the
13-nation euro region increased 1.9 percent in June from a year
earlier, the same as in May, according to economists in a
Bloomberg survey. ECB policy makers last week said benchmark
borrowing costs remain supportive of economic growth.


Read more at Bloomberg Bonds News

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