The bond selloff extended Monday's declines, suggesting that Sunday's agreement by European governments to bail out Ireland and set up a permanent rescue fund has left investors cold.
债市扩大周一跌幅，说明欧洲各国周日达成的救援爱尔兰、设立一只常备救助基金的协议并未打动投资者。
2
An extended programme of bond purchases could forfeit that-indeed, trust in the institution is already waning (see chart 2).