Value To be Found in Long End Peripheral Bonds: Watson
German government bonds held a two-day gain amid speculation that European Central Bank President Mario Draghi will emphasize that officials are willing to extend stimulus if needed following a policy meeting Thursday. Benchmark 10-year bund yields fell to a two-week low Wednesday, one day after a report showed annual euro-area consumer prices dropped 0.1 percent in May. The ECB’s inflation goal is just below 2 percent. BlackRock Global Bond Strategist Marilyn Watson discusses Bonds with Bloomberg's Anna Edwards in London and Manus cranny in Dubai on "Countdown."