German Bunds Advance as Draghi Says “Wide Discussion” on Rates

German 10-year bunds extended an advance, pushing the yield on the securities to the lowest in more than three months, after European Central Bank President Mario Draghi said policy makers had a “wide discussion” on interest rates before a policy decision today.

The 10-year rate dropped as much as four basis points, or 0.04 percentage point, to 1.31 percent, the lowest since Aug. 31. It was at 1.315 percent as of 2:01 p.m. London time.

To contact the reporter on this story: David Goodman in London at

To contact the editor responsible for this story: Paul Dobson at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.