German bunds rise as rating agency affirms Netherland's top grade

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Source: Bloomberg
Germany's government bunds advanced on Friday session heading for the third weekly increase after the rating agency Standard & Poor's removed debt rating of Portugal from creditwatch affirming the BB rating, while Netherland's top grade was retained at AAA. The benchmark 10-year yields dropped one basis point to 1.77% by 7:23 a.m. in London.

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