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German 10-Year Bund Yield Drops to 1.48%, Lowest Since Jan. 10

German government bonds opened higher, pushing the yield on the securities down to the lowest level since Jan. 10.

The rate on the securities fell eight basis points, or 0.08 percentage point, to 1.48 percent as of 7:05 a.m. London time.

Two-year note yields declined four basis points to 0.09 percent, also the lowest since Jan. 10.

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