European bonds fall on inflation report

Source: Reuters
© Scanpix/RS
European government bonds declined on Monday trading session with the peripheral euro-area bonds traded near their lowest level in eight years after a report showed that inflation in the area slowed last month raising expectations of further rates cuts of the ECB. The German 10-year yields jumped to 1.59%, while the Spain's 10-year notes yielded at 3.24%.

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