German Two-Year Note Yield Falls to Record as Central Banks Add Liquidity

German two-year notes extended an advance, driving the yield to a record low, after global central banks coordinated to provide additional liquidity to banks.

The yield fell as much as 16 basis points to 0.28 percent, and was at 0.30 percent at 1:05 p.m. London time.

To contact the reporter on this story: Paul Dobson in London at pdobson2@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net

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