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12 Mar 2015
Another record low for German 10-year bond yield
FXStreet (Mumbai) - The German bond prices continue to rally on the back of the European central Bank’s (ECB) record stimulus program, pushing the yields to new lows. The German 10-year yield hit another record low of 0.187% today.
The German yields have fallen rapidly this week as the banks across the Eurozone were seen buying the German debt. Moreover, Germany has negative yields on bonds up to 7-year maturity, while the 8-year yield and 9-year is inching closer to zero levels.
The 10-year yield has recovered slightly to trade at 0.2015, after hitting a fresh record low of 0.187%. The weakness in the German yields also dragged the US Treasury yields lower.