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 10-Year Bunds Stay Lower After ZEW Survey, Euro-Area GDP

Don't Miss Out —
Follow us on:

Aug. 14 (Bloomberg) -- German 10-year bunds stayed lower after reports showed the euro-area economy contracted in the second quarter and investor confidence in Germany unexpectedly fell for a fourth month in August.

The bund yield rose two basis points to 1.42 percent at 10:06 a.m. London time. Two-year notes were little changed, with the yield at minus 0.044 percent.

Gross domestic product in the 17-nation currency bloc fell 0.2 percent from the first quarter, when it stagnated, the European Union’s statistics office in Luxembourg said today.

The ZEW Center for European Economic Research said its index of investor and analyst expectations, which aims to predict economic developments six months in advance, declined to minus 25.5 from minus 19.6 in July. Economists forecast a gain to minus 19.3, according to the median estimate in a Bloomberg News survey.

To contact the reporter on this story: Lucy Meakin in London at lmeakin1@bloomberg.net

To contact the editor responsible for this story: Paul Dobson at pdobson2@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.