U.K. mortgage bonds trade at four-year high

Note: This section contains information in English only.
Source: Bloomberg
U.K. mortgage bonds are at the highest level since 2008 as purchasers brush off the impact of a slowdown in the economy and look for top-rated substitutes for benchmark government notes. Investors demand 95 basis points more than the rate on five-year notes supported by prime U.K. mortgages, offered by the Euro interbank. That's the first time in 4.5 years the range fell to lower than 100 basis points.
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Mon, 27 Aug 2012 18:31:04 GMT

German July import prices rise 0.7%

Import prices in Europe's biggest economy rose by 0.7% in July, after a 1.5% drop registered in the previous month. Export prices jumped 1.4% in July, measured on a year-on-year basis, while import prices rose by 1.2% in the same month over a year. The results met analysts' expectations.

Mon, 27 Aug 2012 19:48:05 GMT

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