German Government Bonds Open Lower; 10-Year Yield Rises to 1.70%

Feb. 1 (Bloomberg) -- German government bonds opened lower, pushing the yield on the 10-year bund up two basis points to 1.70 percent at 7:02 a.m. London time.

Two-year yields climbed one basis point, or 0.01 percentage point, to 0.28 percent.

To contact the reporter on this story: Emma Charlton in London at echarlton1@bloomberg.net

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