Dec. 6 (Bloomberg) -- German 10-year bunds extended an advance, pushing the yield on the securities to the lowest in more than three months, after European Central Bank President Mario Draghi said policy makers had a “wide discussion” on interest rates before a policy decision today.
The 10-year rate dropped as much as four basis points, or 0.04 percentage point, to 1.31 percent, the lowest since Aug. 31. It was at 1.315 percent as of 2:01 p.m. London time.
To contact the reporter on this story: David Goodman in London at email@example.com
To contact the editor responsible for this story: Paul Dobson at firstname.lastname@example.org