Six years after the outbreak of the global financial crisis and four years after Europe's debt crisis erupted, signs are growing that the region's economy - and its fixed-income market-are on the mend. Economic output in the 18-nation euro area expanded by 0.3 percent in the fourth quarter of 2013, compared with the previous period, marking the third straight quarter of positive growth and slightly faster than many economists had expected. Other indicators are also sending positive signals. Factory output in January grew faster than economists had forecast, and economic confidence increased for a ninth straight month.
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