Forex Currency: German Bonds Slides


Active Trader
Jun 28, 2010
Forex Currency—- German national bond futures fell on Wednesday choppy trading, as forex investors renewed their interest in Stocks, and earlier wave of national bonds was successfully absorbed by forex market.
Germany and Italy successfully sell their bonds, 13.5 billion euro today.
September German bond futures fell 16 beats to 128.72, lowest at 128.57.
European shares slightly went down today before rising after noon session. Euro/dollar rose after US announced its weak economic data, which affected confidence to American economy.
Yields of German bond rose across the board. DE2YT=TWEB rose 3.1 basis points to 0.776%. DE10YT=TWEB rose 1 basis points to 2.658%.—-Forex Currency

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Edited by Amanda