German government bunds flat after consumer prices increase

Source: Bloomberg
© Scanpix\AFP
German government bunds remained steady after the report showed that consumer prices in the Euro block's biggest economy rose in May as reaching the lowest level since August 2010 in the previous month. German 10-year note yielded 1.59%, after reaching 1.66%, the highest level since February 20. The price of the 1.5% bond maturing in May 2023 was 99.145.

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