German bunds climb for fourth day ahead of Euro block inflation report

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Source: Bloomberg
© Scanpix\AFP
German government bunds rallied, with 10-year notes advancing for the fourth day, ahead of the data on consumer-price inflation in the Euro block. Experts predict the report to show an increase in inflation rate.The yearly inflation rate inched up 1.4% from 1.2% in April. The 10-year German bond yield declined three basis points to 1.54%.The two-year security yield contracted to 0.13%.
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