German bonds rise as retail sales sink

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix\Reuters
German government bunds increased for the second day as data indicated retail sales in Germany unexpectedly plummeted in July, boosting demand for safer assets. The German 10-year bund yield slipped one basis point to 1.84% and the 1.5% note maturing in May 2023 inched up 0.115 to 96.985, while Germany's retail sales retreated 1.4% from June.
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