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.
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