ifo business climate index rises in April, slightly above expected figure; German economy is stabilizing, especially thanks to service providers.”; current conditions index up, expectations index up; German, French 10-year yields up noticeably; expectations index implies euro-zone GDP contraction of 0.5% in year to July. Following recessions in euro-zone economies in 2009/2010, the ifo Institute’s Business Climate Index largely ignored the European debt-crisis of 2010-2012, mostly posting average-to-elevated readings through...