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German bund yields rise after inflation data

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Bund prices dropped, pushing yields higher after Eurostat data published an upwardly revised Eurozone harmonized inflation data for March.

    At the time of writing, benchmark 10-yr yield was trading more than one basis point higher at 0.151%. Yields at the short-end of the curve were lagging, thereby leading to steepening of the yield curve.

    On monthly basis, Eurozone prices were up 1.2% as compared to 0.2% in February. On annually basis, CPI stood flat at 0 pct, from down 0.1 pct in February and core-CPI grew 1% y/y.
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