German bunds rise ahead of Bernanke comments, 10-year debt auction

Source: Bloomberg
© Scanpix\AFP
German government bunds advanced as investors awaited Ben Bernanke's comments on the Federal Reserve bond-purchase programme. German 10-year bond yield declined two basis points to 1.55% and the 1.5% note maturing in May 2023 jumped to 99.515. Germany plans to auction 5 billion Euros of 10-year notes.

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