German Bonds Stay Little Changed After Euro-Area Inflation Data
By David Goodman -
2012-09-28T09:07:09Z
German government bonds stayed little changed after a report showed euro-area inflation unexpectedly accelerated in September.
The nation’s 10-year yield was little changed at 1.45 percent as of 10:04 a.m. London time.
Consumer prices in the 17-nation euro region increased 2.7 percent from a year earlier after a 2.6 percent gain in August, the European Union’s statistics office in Luxembourg said in a flash estimate today. The median forecast of 40 economists in a Bloomberg News survey was for an increase of 2.4 percent.
To contact the reporter on this story: David Goodman in London at dgoodman28@bloomberg.net
To contact the editor responsible for this story: Paul Dobson at pdobson2@bloomberg.net
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