Bloomberg News

German Bunds Stay Lower After Report Shows U.S. Payrolls Rose

January 04, 2013

German government bonds stayed lower after a report showed U.S. employers added workers in December at about the same pace as the prior month.

German 10-year yields rose seven basis points to 1.55 percent at 1:34 p.m. London time.

Payrolls rose by 155,000 workers last month following a revised 161,000 advance in November that was more than initially estimated, Labor Department figures showed today in Washington.

To contact the reporter on this story: Emma Charlton in London at echarlton1@bloomberg.net

To contact the editor responsible for this story: Paul Dobson at pdobson2@bloomberg.net


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