Bloomberg News

Germany’s 10-Year Bonds Decline as U.S. Payrolls Rise More Than Estimates

March 09, 2012

German 10-year bonds declined after a report showed U.S. payrolls rose more than economists estimated in February.

The yield on the bunds rose two basis points to 1.82 percent at 1:32 p.m. London time.

The 227,000 increase in payrolls followed a revised 284,000 gain in January that was bigger than first estimated, Labor Department figures showed today in Washington. The median projection in a Bloomberg News survey called for a 210,000 rise in February employment.

To contact the reporter on this story: Paul Dobson in London at pdobson2@bloomberg.net

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


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