Breaking News

Tweet TWEET

German Bunds Extend Drop as Draghi Says Rate Decision Unanimous

German government bonds extended a decline after European Central Bank President Mario Draghi said the decision to leave the key interest rate at 0.75 percent was “unanimous.”

The 10-year rate climbed six basis points, 0.06 percentage point, to 1.54 percent as of 1:49 p.m. London time.

Draghi was speaking at a press conference in Frankfurt today.

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

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.