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 Bunds Pare Advance as Ifo Index Exceeds Analyst Estimates

Nov. 23 (Bloomberg) -- German 10-year bunds pared an advance after a gauge of German business confidence unexpectedly rose in November.

Yields on 10-year securities fell less than one basis point, or 0.01 percentage point, to 1.42 percent at 9:07 a.m. London time, after declining as much as two basis points to 1.41 percent.

German business confidence rose to 101.4 this month from 100.0 in October. The median forecast of 48 economists in a Bloomberg survey was for a decline to 99.5.

To contact the reporter on this story: Neal Armstrong in London at narmstrong8@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.