Bloomberg News

German Two-Year Notes Extend Advance; Yield Drops Below 0.50%

October 26, 2011

Oct. 26 (Bloomberg) -- German two-year notes extended their gain, pushing the yield below 0.50 percent for the first time in almost three weeks.

The yield fell seven basis points, or 0.07 percentage point, to 0.499 percent as of 3:56 p.m., the first time it has slipped below 0.50 percent since Oct. 6.

To contact the reporter on this story: Lukanyo Mnyanda in Edinburgh at lmnyanda@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net


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