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European Bonds Poised For First Back-to Back Drop In Two Weeks

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European Bonds Poised for First Back-to Back Drop in Two Weeks

May 29 (Bloomberg) -- European government bonds may post their first back-to-back drop in two weeks after a report showed German consumer confidence rose to the highest since 2001.

Bonds may also be hurt this week after European Central Bank policy maker Nicholas Garganas told Greek newspaper Ethnos that a gradual increase in borrowing costs can't be avoided. Retail sales in Germany probably rebounded last month, a government report is expected to show May 31.

``We're in a bond bear market and the risk is for a move downwards,'' said Sarah Luetgert, a fixed-income strategist at WestLB AG in Dusseldorf, Germany. ``The ECB are clearly intent on a rate increase and they'll want to leave the door open for further action later in the year.''

TTRTRates!!! :D

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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