Germany's bonds gain amid Cyprus policymakers' bailout debate

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Source: Bloomberg
German 10-year bonds climbed, pushing yields to the 11-week low, after Cypriot policymakers' debate on bill to unlock rescue funds. German long-term bond yields dropped two basis points, or 0.02%, to 1.34%, the lowest since January, while the 1.5% security with time to maturity in February 2023 advanced 2 euros per 1,000-euro ($1,290) face value amount, to 101.435.

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Fri, 22 Mar 2013 10:31:08 GMT

European shares edge down as Cypriot lawmakers begin to debate bailout plan

European stock-index futures decreased on Friday pointing to a second straight fall of Stoxx Europe 600 Index as policymakers in Cyprus try to find a solution for the country's bailout in order to prevent a financial collapse. The Stoxx 600 has dropped almost 1% this week ending a 4-week long period of gains, while the Euro Stoxx 50 Index futures

Fri, 22 Mar 2013 10:09:13 GMT

Euro trades close to the lowest level in almost four months after ECB declares deadline to Cyprus

The Euro traded 0.4% from the four-month low as the European Central Bank gave Cyprus one week to decide on bailout package or fail to get emergency funding. The 17-nation currency remained steady at $1.2900, while it dropped 0.2% to 122.16 Yen. For the week, the Euro is poised for a 1.4% fall against the U.S. Dollar and a 2%

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