Wednesday, June 20, 2007

European Government Bonds Decline; 10-Year Yield Advances to 4.64 Percent

(Bloomberg) -- European government bonds fell in
London, erasing earlier advances.

The yield on the 10-year bund rose 4 basis points to 4.64
percent by 2:18 p.m. The price of the 4.25 percent bond due July
2017 fell 0.29, or 2.9 euros per 1,000-euro ($1,343) face amount,
to 96.91. Bond yields move inversely to prices.


Read more at Bloomberg Bonds News

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