Bond Markets Soar in European Countries

Government bonds in European countries are lower than they have been in a while and the rate on some countries' debts are lower as well. Furthermore, some banks are even beginning to pay back the European Central Bank. With the rising demand for bonds and the lowering debt rates, the European economy appears to be slowly but surely mending. The incentive to saving the Euro by doing anything possible is part of the reason why the demand for bonds has gone up. Also, in order to keep the interest rates lower, investors are still selling bonds even though they are getting cheaper. The European economy and the Euro might actually be on the mend after all.