German 10-year bunds steady ahead of ECB decision

Source: Bloomberg
© Scanpix\Marketplace
German government bunds remained flat as ECB lawmakers decision on interest rates. German 10-year bond yielded 1.51%, following a gain to 1.57% on June 3. Investors who hold Germany's stocks and bonds suffered a loss of 0.7% this year. The ECB decreased its refinancing rate by 0.25% on May 2 and Draghi indicated he's ready to cut interest rates if economic measures are weak.
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