German Bunds Decline as U.S. Payrolls Advance More Than Forecast
German government bonds declined after a report showed U.S. hiring increased more than forecast last month.
The 10-year bund yield rose three basis points, or 0.03 percentage point, to 1.48 percent at 12:32 p.m. London time.
A net 171,000 workers were added to payrolls after a 148,000 gain in September, Labor Department figures showed today in Washington. The median forecast of 91 economists surveyed by Bloomberg called for an advance of 125,000.
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