The yield on the bund maturing July 2022 was seven basis points lower at 1.50 percent at 8:58 a.m. London time. Two-year yields dropped three basis points to 0.095 percent.
The number of people out of work rose a seasonally adjusted 7,000 to 2.88 million, the Nuremberg-based Federal Labor Agency said today. Economists forecast an increase of 3,000, the median of 30 estimates in a Bloomberg News survey shows.
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