Wednesday, April 18, 2007

European Government Bonds Gain for Third Day; 10-Year Yield Falls to 4.15%

(Bloomberg) -- European government bonds advanced for a third day in London, their longest winning run in five weeks.

The yield on the benchmark 10-year German bund fell 3 basis points to 4.15 percent by 9:10 a.m. in London, near its lowest in a week. The price of the 3.75 percent bond due January 2017 rose 0.20, or 2 euros per 1,000 euro ($1,355) face amount to 96.81. Bond yields move inversely to prices.


Read more at Bloomberg Bonds News

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