ECB Seen Supporting German Bonds After Biggest Selloff This Year

  • Ten-year yield rises most since December as calm returns
  • Draghi to reiterate readiness to act if needed: TD’s Kelly

After inflicting the biggest weekly decline in German 10-year government securities this year, bond bears may have reason to pause when the European Central Bank provides its first analysis of the economic outlook since the U.K.’s shock Brexit vote.

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