German 10-year yields trade near almost 3-month low

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Source: Bloomberg
German government bund fluctuated on Tuesday before a report showed that producer prices in the 17-nation bloc declined in the month of September and as the country is set to auction five-year notes totaling 4 billion euros tomorrow. German 10-year government bunds yielded at 1.68% as of 7:11 a.m. in London after the rates dropped to the weakest level since August 8 at 1.65% on October 31.

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Tue, 05 Nov 2013 10:29:04 GMT

South Korean bonds drop as Fed may scale back

South Korean bonds declined on Tuesday falling for a fourth session and pushing yields due in 2016 towards the highest level in three weeks amid concerns that emerging-market demand may be reduced by the Federal Reserve decision to scale back its stimulus. The government's 2.75% bonds due June 2016 jumped two basis points to 2.89%, the most since October 14.

Tue, 05 Nov 2013 10:07:03 GMT

Spain's unemployment rate jumped in October

The number of jobless registered in October advanced by 87,000, following the 25,600 increase a month earlier, Spanish Employment Ministry data revealed on Tuesday. That makes 4,811,383 unemployed in total, which is the biggest number of jobless since May. The Spanish unemployment rate reached 26.6% in September, remaining the second- highest among Eurozone, last week data showed.

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