German Two-Year Yield Drops to Record After Draghi QE Comments

ECB's Draghi: QE to Last Beyond September 2016 If Needed

German two-year notes advanced, pushing the yield to a record-low, after ECB President Mario Draghi said policy makers will reexamine the degree of stimulus they are providing in December.

The yield on Germany’s two-year note fell three basis points, or 0.03 percentage point, to minus 0.29 percent as of 1:39 p.m. London time, after earlier dropping to minus 0.295 percent, the lowest since Bloomberg started tracking the data in

1990.

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