German government bonds erased a decline, leaving the 10-year yield little changed at 1.46 percent at 3:58 p.m. London time. The rate rose as much as two basis points earlier.
Two-year note yields were one basis point lower at 0.02 percent.
To contact the reporter on this story: Emma Charlton in London at firstname.lastname@example.org
To contact the editor responsible for this story: Paul Dobson at email@example.com