German notes climb on bailout worries

Note: This section contains information in English only.
Source: Bloomberg
German bills advanced on Tuesday sending borrowing costs to two-week record low on expectations the proposed measures to curb Euro region's firepower will not be sufficient to end debt turmoil. The borrowing costs German benchmark 10-year bund declined 7 basis points to 1.89%. Meanwhile the 10-year yield on Spanish bonds surged 9 basis points to 5.12% amid uncertainty about country's debt outlook.

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