Bloomberg News

Bunds Stay Higher as Draghi Says Data Signal Economic Weakness

February 18, 2013

German government bonds stayed higher after European Central Bank President Mario Draghi said euro-region data signal economic weakness early this year.

Benchmark 10-year yields fell three basis points, or 0.03 percentage point, to 1.62 percent at 2:44 p.m. London time.

Draghi was speaking to lawmakers in the European Parliament in Brussels.

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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