Hungarian Bonds Fall Fourth Day, Lift Yields to Two-Month High
Hungarian government bonds fell for a fourth day, lifting five-year yields to the highest in almost two months for the European Union’s most-indebted eastern member.
The yield on the benchmark domestic security maturing in November 2017 rose 15 basis points, or 0.15 percentage point, to 8.94 percent by 3:40 p.m. in Budapest, the highest level since Jan. 31. The yield is up 31 basis points this week, the most since the five days ended Feb. 24.
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