Germany sold two-year notes with a positive yield for the first time since June 20.
The nation auctioned the securities at an average yield of 0.06 percent, the Bundesbank said in a statement today, up from zero at the previous sale on Aug. 22. It got bids for 8.446 billion euros, exceeding the maximum sales target of 5 billion euros.
To contact the reporter on this story: Lucy Meakin in London at email@example.com
To contact the editor responsible for this story: Paul Dobson at firstname.lastname@example.org