German bunds jump amid ECB stimulus speculation

Source: Bloomberg
© Scanpix\AFP
German government bunds inched up for the second day on speculation central banks globally will keep bond purchases, fueling demand for fixed-income securities. German 10-year bond yield declined five basis points to 1.57%, the lowest since June 19, and the 1.5% bond maturing in May 2023 jumped 0.455 to 99.345.
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