German 10-year bunds advance as CPI matched analyst expectations

Source: Bloomberg
© Scanpix\Reuters
German government bunds increased as the data indicated consumer prices, estimated by using a harmonized European Union method, inched up 1.9% in June from the previous year, in line with analyst expectations. The yield on the 10-year bond retreated two basis points to 1.63%, decreasing for the third day in a row.
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