German Bunds Erase Decline After U.S. GDP Report; Yield at 1.68%

German government bonds erased their decline after a report showed the U.S. economy unexpectedly shrank in the fourth quarter.

Ten-year bund yields were little changed at 1.68 percent as of 1:33 p.m. London time, after climbing three basis points earlier.

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