Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

German Bonds Rise; Two-Year Note’s Yield Declines to 1.12%

Don't Miss Out —
Follow us on:

Jan. 17 (Bloomberg) -- German bonds rose, pushing the yield on the two-year security four basis points lower to 1.12 percent as of 9:42 a.m. in London.

The yield on the 10-year bund declined two basis points to 3.02 percent.

European Central Bank council member Athanasios Orphanides said the market may have ``overreacted'' to ECB statements last week that were not ``overly hawkish.'' He also said the bank may be able to stop buying government bonds if Europe’s rescue fund is empowered to purchase debt.

Spanish bonds dropped, pushing the 10-year yield up five basis points to 5.42 percent, after the nation cancelled two Jan. 20 bond sales and replaced them with a syndicated offering.

To contact the editor responsible for this story: Keith Campbell at k.campbell@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.