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22 Oct 2015
German 2-yr yield at record lows on deposit rate cut talk
FXStreet (Mumbai) - The yield on the German 2-year bund yield dropped to a record low after Draghi said policymakers discussed further cut in the deposit rate.
The yield now trades around -0.307%; down 5.6 basis points (bps). The benchmark 10-yr yield weakened almost 5 basis points to 0.525%.
The US-German 10-yr yield spread advanced to 150 basis points from 146 basis points seen ahead of the ECB rate decision.
The yield now trades around -0.307%; down 5.6 basis points (bps). The benchmark 10-yr yield weakened almost 5 basis points to 0.525%.
The US-German 10-yr yield spread advanced to 150 basis points from 146 basis points seen ahead of the ECB rate decision.