(Bloomberg) -- European government bonds may fall before a meeting of European Central Bank policy makers who will probably signal an increase in interest rates next month after keeping them on hold today.
Benchmark two-year yields are near the highest in five years, and have climbed about 30 basis points since the ECB last lifted borrowing costs in March, as traders bet rates will rise twice more this year to 4.25 percent. President Jean-Claude Trichet may repeat the ECB's determination to combat inflation.
Read more at Bloomberg Bonds News
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