German Bunds Slip Before Ifo as Spain Two-Year Yield Rises to 7%

German Bunds Slip Before Ifo as Spain Two-Year Yield Rises to 7%

Michele Tantussi/Bloomberg

Bunds fell yesterday, pushing up yields from near all-time lows, after Moody’s Investors Service cut the outlook on the nation’s top Aaa rating, citing concern it will have to support weaker euro-region members.