Bloomberg News

German 10-Year Bunds Extend Advance After Euro-Area PMI Data

February 21, 2013

German 10-year bunds extended an advance after a report showed euro-region manufacturing and services contracted in February.

The 10-year yield slid six basis points to 1.60 percent as of 9:08 a.m. London time. Two-year note yields fell three basis points to 0.17 percent.

To contact the reporter on this story: Lucy Meakin in London at lmeakin1@bloomberg.net

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


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