German Bunds drop amid rising stocks

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Source: Bloomberg
German 10-year Bunds prolonged the biggest weekly fall in August after most Asia's stocks gained and European equity futures rose. The 2-year security yield was negative for the 31th consecutive day, trading at -0.033%. The 10-year bond yields advanced less than 0.01% to 1.53%. The 1.75% note due Jule 2022 was at 101.995.
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Fri, 17 Aug 2012 10:04:36 GMT

New Zealand PPI rebounds in June

New Zealand's PPI rebounded in the second quarter on rise in electricity prices, Statistics New Zealand said on Friday. The output PPI rose 0.3% on quarter on June, after a 0.1% drop in a preceding quarter, despite economists' estimate of a 0.2% decline. The input PPI increased 0.6% on quarter, compared to a 0.3% surge in the first quarter.

Fri, 17 Aug 2012 15:50:55 GMT

Treasuries jumped on economic data

The U.S. treasuries jumped on Thursday, pushing 10- year note yields lower by 1.43% to 1.79%. The two-year notes erased 1 basis point to 0.28%. Initial jobless claims in the U.S. rose slightly to 366 thousand in the week ended August 11. In the property market, the number of new residential buildings declined by 1.1 per cent in July to 746,000 units.

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