German Bonds Drop as Draghi Says ECB Didn’t Discuss QE Extension

German bonds dropped as European Central Bank President Mario Draghi said officials didn’t discuss an extension of the institution’s quantitative easing plan at a meeting on Thursday.

The yield on Germany’s 10-year securities climbed three basis points, or 0.03 percentage point, to 0.06 percent as of 1:48 p.m. London time.

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