German bond yields rose for a second day

Note: This section contains information in English only.
Source: Bloomberg
German 30 year yields increased by 14 basis points and reached 2.21%, the highest level since mid May by 12:00 a.m. GMT today. 10 year yields rose by 9 basis points and reached 1.52%. The 2.5% security, maturing in mid 2044, lost 3.47 Euros from its value and declined to 106.9. Specialist state that such developments are due to the believes that Germany will be forced to put additional effort to take care of Europe's debt crisis after Spanish securities dropped yesterday. 

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