(Bloomberg) -- European government bonds advanced
for a third day in London, pushing 10-year yields down to the
lowest in a week.
The yield on the German 10-year bund, Europe's benchmark,
fell 2 basis points to 4.55 percent by 8:05 a.m. in London. The
price of the 4.25 percent security due July 2017, which moves
inversely to yield, rose 0.14, or 1.4 euros per 1,000-euro
($1,379) face amount, to 97.64. The yield on the two-year
benchmark note was at 4.48 percent.
Read more at Bloomberg Bonds News
for a third day in London, pushing 10-year yields down to the
lowest in a week.
The yield on the German 10-year bund, Europe's benchmark,
fell 2 basis points to 4.55 percent by 8:05 a.m. in London. The
price of the 4.25 percent security due July 2017, which moves
inversely to yield, rose 0.14, or 1.4 euros per 1,000-euro
($1,379) face amount, to 97.64. The yield on the two-year
benchmark note was at 4.48 percent.
Read more at Bloomberg Bonds News
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