Germany's bonds increase to a 2-month high

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Source: Bloomberg
On Friday, German government notes were higher, pushing yield to a 2-month low on disappointing data from France, which showed a fall in business confidence and industrial production. The yield on benchmark 10-year bonds slipped 4 basis points to 1.33% by 10:46 a.m. in London. German 2-year bonds witnessed a yield of minus 0.038%, after hitting a level of minus 0.055% on Wednesday.
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Fri, 09 Nov 2012 16:04:25 GMT

Treasuries higher on recession concern

On Friday, treasuries were advancing on speculation that U.S. lawmakers will not be able to agree on how to avoid fiscal cliff, which can possibly lead to a recession in the country. The yield on benchmark 10-year yields decreased 3 basis points, reaching a level of 1.59% by 6:19 a.m. New York time. During this week, the yield experienced a

Fri, 09 Nov 2012 15:42:26 GMT

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The Italy's statistical office reported on Friday that the country's industrial output extended a 13 month long streak of losses. Year over year, Italian industrial production fell by 4.8% in September compared to a 5.2% decline in the preceding month. Analysts, however, expected a more moderate decrease with a reading of minus 4.7%.

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