German Bonds Fall as Market Trims Bets on ECB Interest-Rate Cut

German two-year notes fell for a second week as investors pared back expectations for an interest-rate cut after the European Central Bank kept its benchmark rate on hold this week. Ten-year bunds also posted a weekly decline as ECB President Jean-Claude Trichet opted for non-standard policy ...

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London's leading share index was on the front foot on Wednesday as it reaped the benefits of investor optimism, despite gloomy news from Europe and a slow start across the Pond.