European Bonds Advance as Producer Price Inflation Slows in Germany

(Bloomberg) -- European government bonds gained for
a second day after a report showed producer-price inflation in
Germany, Europe's biggest economy, held near the lowest in almost
three years in May.

Benchmark debt was also buoyed by a rally in Treasuries
after reports this week showed U.S. house construction declined
for the first time in four months, and confidence among
homebuilders dropped to the lowest since 1991. Ten-year bunds had
their biggest gain in almost two months yesterday as a report
showed German investor sentiment unexpectedly worsened.


Read more at Bloomberg Bonds News

European Bonds Advance as Yields Near Five-Year High Attract Investors

(Bloomberg) -- European government bonds advanced
for a second day as 10-year yields near the highest in five years
attracted investors.

Benchmark debt was also buoyed by a report today showing
German producer-price inflation held near the lowest in almost
three years in May. Ten-year bunds had their biggest gain in
almost two months yesterday after a report showed investor
confidence in Europe's biggest economy unexpectedly fell.


Read more at Bloomberg Bonds News