Bloomberg News

German 2-Year Note Yield Falls Below Rate on U.S. 3-Month Bills

April 27, 2012

German two-year notes rose, driving the yield on the securities to a record low that’s less than the rate the U.S. pays to borrow for three months.

The yield on the German securities fell to as low as 0.083 percent and was at 0.089 percent at 7:05 a.m. London time. The yield on U.S. three-month bills was 0.086 percent.

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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