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German 10-year Bund Yield Climbed up to 2 bps in Three Week-High

January, 09 2017
watermark Economic news

The benchmark for 10-year government bonds yield of Germany climbed to a three-week high on Monday. Yields across Europe moves higher as there is a fresh supply of bonds for the week most especially since January is usually an active month for bond selling.


The 10-year bund yield of Germany increased by 0.323% in early trading session reaching up to 2 basis points and it has been the highest level over three weeks. Although, Investors try to bring the price of bonds lower to generate new supply of bonds.The scheduled auctions that investors should look out for are from Netherlands, Germany, Austria and Italy.

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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.