Europe's Bond Traders Haven't Seen Swings This Wild in Years.

But traders are tempering their exuberance longer term, with money markets wagering on about 220 basis points of tightening in a year's time, down from 300 basis points earlier this month. Bond sales from Germany, Italy and the EU are set to total about 15 billion euros ($15.8 billion), according to Citigroup Inc, and the UK will offer 1 billion pounds of inflation-linked notes. [Extracted from the article]

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