PARIS: Germany's 10-year borrowing rate fell to a record low of 1.399 percent in early eurozone bond trading on Friday in a climate of alarm over the state of Greece and banks in Spain.
The German 10-year Bund is the benchmark bond in the eurozone, and it rose on Friday as funds were moved to safety thereby depressing the rate from 1.411 percent on Thursday, after Moody's downgraded 16 Spanish banks.
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