German yields decrease before industrial production data

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
German government securities rose before the country's data release, which will show that industrial production activity declined, according to economists' predictions. Weakening economic activity in Germany is expected to push the ECB towards cutting the rates. Yields on 10-year German bunds dropped 2 basis points to 1.70%, while Italian bond yield decreased 4 basis points to 4.39%.
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