German bonds gain on slower inflation

Note: This section contains information in English only.
Source: Bloomberg
German 10-year bunds increased after a report posted inflation declined unexpectedly in July, boosting interest for fixed-income assets. The year-on-year inflation rate slowed to 1.9% in July from 2% in preceding month, the Federal Statistic's Office reported on Friday, the first drop below the ECB's 2% limitation since December 2010. The 10-year yield dropped to 1.41%.

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