LONDON: German 10-year Bund yields rose slightly in early trade in Europe on Friday, with some investors offloading some of the top-rated debt purchased on the back of uncertainty over Scotland's independence referendum.
Results showed support for staying part of the United Kingdom had now exceeded 50 percent of the turnout, meaning that the secession camp could not win the vote.
"It will bring some relief, mostly in the UK but it will have spillovers to the euro area markets," said Jan von Gerich, chief fixed income analyst at Nordea.
"In the core, some of the safety flows should be unwound."
Ten-year Bund yields rose 2 basis points to 1.065 percent. Bund futures will start trading at 0600 GMT, with trading in other euro zone markets expected to pick up an hour later.
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