German bunds drop before ECB's decision

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Source: Bloomberg
© Scanpix/Reuters
Yield on 10-year German government bonds jumped to the highest level in 3 weeks as investors speculated that the ECB will not announce additional stimulus in a meeting tomorrow. The yield rose 2 basis points to 1.69% after touching the level of 1.71% earlier today. Bunds slid after better-than-expected unemployment data, increasing appetite for riskier assets.
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Wed, 31 Jul 2013 12:09:53 GMT

WTI heads towards best month since August ahead of U.S. oil report

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Wed, 31 Jul 2013 11:57:10 GMT

Stocks in Europe rise before Fed's decision

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