German bunds drop before ECB's decision

Note: This section contains information in English only.
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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