German bonds rise before consumer confidence data

© Scanpix/RS

German government bunds increased on Wednesday with the 10-year yields reaching the lowest level in two weeks before a report showed that consumer confidence in the 17-nation bloc improved in the month of October. The benchmark 10-year yields traded at 1.79% by 7:16 a.m. in London following a fall to 1.78 earlier on the session, the least since October 9.