(Bloomberg) -- European two-year bond yields held near the highest in almost five years after a report showed inflation in the euro region kept close to the European Central Bank's 2 percent ceiling.
Yields have risen 34 basis points this year on speculation robust economic growth will fan inflation and prompt higher interest rates. Futures trading shows investors are raising bets on how high policy makers will lift interest rates. Bonds were little changed after an auction of French government debt, the first following the election of Nicolas Sarkozy as President.
Read more at Bloomberg Bonds News
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