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12 Mar 2015
Another record low for German 10-year bond yield
FXStreet (Mumbai) - The German bond prices continue to rally on the back of the European central Bank’s (ECB) record stimulus program, pushing the yields to new lows. The German 10-year yield hit another record low of 0.187% today.
The German yields have fallen rapidly this week as the banks across the Eurozone were seen buying the German debt. Moreover, Germany has negative yields on bonds up to 7-year maturity, while the 8-year yield and 9-year is inching closer to zero levels.
The 10-year yield has recovered slightly to trade at 0.2015, after hitting a fresh record low of 0.187%. The weakness in the German yields also dragged the US Treasury yields lower.
The German yields have fallen rapidly this week as the banks across the Eurozone were seen buying the German debt. Moreover, Germany has negative yields on bonds up to 7-year maturity, while the 8-year yield and 9-year is inching closer to zero levels.
The 10-year yield has recovered slightly to trade at 0.2015, after hitting a fresh record low of 0.187%. The weakness in the German yields also dragged the US Treasury yields lower.