German 10-Year Bunds Stay Higher After Euro-Area Inflation Data
By Lucy Meakin -
2012-08-16T09:06:37Z
German 10-year bunds stayed higher after data showed euro-area inflation was unchanged last month.
The yield on the securities fell two basis points to 1.55 percent at 10:05 a.m. London time. The yield on two-year notes was little changed at minus 0.033 percent.
The inflation rate in the 17-nation single-currency bloc remained at 2.4 percent from a year ago, the same as in June and May, the European Union’s statistics office in Luxembourg said today, confirming an initial estimate published on July 31.
To contact the reporter on this story: Lucy Meakin in London at lmeakin1@bloomberg.net
To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net
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