1. Hello Guest Click here to check FX Binary Point Financial Directory

German 2-year yield above ECB’s deposit rate

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 4, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Mumbai) - The yield on the German 2-year yield now trades 2 basis points above the ECB’s deposit rate of -0.30%.

    The yield currently trades -0.28%. Meanwhile, the benchmark 10-year Bund yield currently trades at 0.70%.

    The two-year yield traded at -0.45% ahead of the ECB rate decision as markets priced-in a 10bps deposit rate. However, the Bund prices suffered an exaggerated sell-off, pushing the yields higher after the ECB left the size of the QE unchanged and merely extended the maturity to end-March 2017.

    The markets had positioned for an increase in the size of the QE program by EUR 10 billion.
    For more information, read our latest forex news.

Share This Page