(Bloomberg) -- European government bonds advanced
for a fourth day, the longest winning run in almost four months,
as investors switched from riskier assets into safer fixed-income
securities.
Yields on 10-year bunds, Europe's benchmark, fell to the
lowest in two weeks as investors turn more risk averse amid
concern a declining housing market and losses related to subprime
mortgages in the U.S. will hurt global growth. Debt also gained
as European equity markets slid for a fifth day.
Read more at Bloomberg Bonds News
for a fourth day, the longest winning run in almost four months,
as investors switched from riskier assets into safer fixed-income
securities.
Yields on 10-year bunds, Europe's benchmark, fell to the
lowest in two weeks as investors turn more risk averse amid
concern a declining housing market and losses related to subprime
mortgages in the U.S. will hurt global growth. Debt also gained
as European equity markets slid for a fifth day.
Read more at Bloomberg Bonds News
