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German 2-yr yield at record lows on deposit rate cut talk

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 22, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    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.
    For more information, read our latest forex news.
     

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