Euro-area bonds rise before ECB lowers rates

Source: Bloomberg
© Scanpix/RS
European government bonds advanced on Tuesday after a report showed that inflation in the 17-antion bloc area decreased to the lowest level in more than 3 years and as the ECB is expected to lower the benchmark interest rate. German 10-year rates slipped to the lowest in 9 month at 1.18% and Spanish 10-year yield dropped to 4.12%, the lowest level since October 2010.

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Tue, 30 Apr 2013 16:03:04 GMT

Inflation in OECD area climbs at slower rate in March

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Tue, 30 Apr 2013 15:38:04 GMT

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