German bunds drop for third day as business sentiment jumps

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix\Reuters
German government bunds decreased for a third day in a row after data indicated business confidence in Germany advanced more-than-expected in July. German 10-year bund yield increased two basis points to 1.66% and the 1.5% security maturing in May 2023 retreated to 98.525. German business climate index increased from 105.9 in June to 106.2 in July.
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