German bunds climb after China credit squeeze spurs safety demand

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Source: Bloomberg
© Scanpix\AFP
German 10-year bunds advanced, after declining for four days in a row, following a concern the credit squeeze in China will dampen economic growth, fueling demand for haven assets. German 10-year bond yield declined three basis points to 1.78% and the 1.5% note maturing in May 2023 jumped 0.24 to 97.445.
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Tue, 25 Jun 2013 09:00:11 GMT

Gold falls to two-year low amid Fed purchases, China worries

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