German bonds jump amid ECB unchanged interest rates

Source: Bloomberg
German government bunds advanced, with 10-year yields falling the most in about three weeks, as the European Central Bank President Mario Draghi announced interest rates will stay unchanged. German benchmark 10-year bond yield dropped five basis points to 1.62% and the 1.5% note expiring in May 2023 inched up to 98.9.
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Thu, 01 Aug 2013 15:36:10 GMT

Czech National Bank keeps key rate at "technical zero"

Czech central bank decided to keep its key interest rate at 0.05, also called "technical zero", which is nearly half a point lower than The European Central bank's rate. Currently, authorities have not made any further comments before the news conference at 4:00 p.m. Prague time. The Koruna added 0.2% to 25.913 per Euro at 12:31 Prague time.

Thu, 01 Aug 2013 14:32:05 GMT

U.S. bonds fell as jobless benefit claims down to 5-year low

Treasuries dropped as less Americans applied for unemployment insurance last week. Reports showed that the number of claims is at the lowest level since 2008. Expectation of tomorrow's reports showing improving manufacturing sector is an additional factor for 10-year treasury yields gaining five basis points to 2.62% as of 8:35 a.m. in New York.

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