German bunds drop for second day ahead of ZEW confidence data

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Source: Bloomberg
© Scanpix\Reuters
German government bunds plummeted for the second day ahead of a survey that economists expect will indicate an index of investor sentiment in Germany jumped in August. The 10-year bond yield advanced two basis points to 1.73% and the 1.5% note maturing in May 2023 contracted 0.21 to 97.99. Germany will auction 10-year bonds worth of 4 billion euros tomorrow.
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Tue, 13 Aug 2013 09:18:09 GMT

Sterling little changed after housing data

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