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German 10-Year Bunds Decline; Yield Advances to 1.50 Percent

May 16 (Bloomberg) -- German 10-year government bonds fell, pushing the yield up three basis points to 1.50 percent as of 1:33 p.m. London time.

The yield earlier fell as much as three basis points to 1.44 percent, within one basis point of a record low 1.434 percent reached on May 14.

To contact the reporter on this story: Keith Jenkins in London at kjenkins3@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net

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