Wed, 21 Mar 2012 12:14:02 GMT
German bond yields climb on Greek deal
The borrowing costs on German bunds climbed to three month record high after Greek PM Lucas Papademos got parliamentary support for a EUR 130 billion rescue package, curbing demand for safe securities. The yields on 10-year German notes added two basis points, reaching 2.06% on Wednesday. Germany's bills marked the sixth decline in seven days.