German, French, Dutch bonds increased amid global-expansion worries

Source: Bloomberg
© Scanpix\Reuters
German government bunds climbed, with 10-year bonds gaining for the third day, as the World Bank snapped its global-expansion predictions and a slip in shares fueled investors to buy safer assets. French and Dutch bonds also advanced on stimulus concerns. Yields on benchmark 10-year notes declined two basis points to 1.56% and the 1.5% bund maturing in May 2023 climbed to 99.435.
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Thu, 13 Jun 2013 14:30:53 GMT

Italian 3-year borrowing costs hit high since March

Italian three-year debt costs advanced to the highest level since March on Thursday, after worries that the Fed could soon scale back its stimulus which curtails demand for riskier assets. Rome auctioned three-year notes worth of 3.42 billion euros at 2.38%, up from 1.92% it paid on sale in the middle of May.

Thu, 13 Jun 2013 15:01:13 GMT

U.K. shares slip to almost three-month low

U.K. shares retreated for a fourth straight day as the FTSE 100 Index fell to more than two-month low on worries that the Federal Reserves could taper the stimulus programme. The FTSE 100 declined 1.2% to 6,226.97 as of 9:35 a.m. London time, making it the lowest level since April 18. The index has dropped 9% since the Fed's Bernanke

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