Markets

German Bunds dip after PMI data

LONDON: German government bonds dipped on Tuesday after a survey showed euro zone businesses were more optimistic abou
Published February 5, 2013 Updated February 5, 2013 09:22am

 

Markit's Eurozone Composite PMI, seen as a good gauge of economic growth, rose in January to a 10-month high of 48.6 from 47.2 in December - an improvement on the preliminary reading of 48.2.

 

Bund futures were 16 ticks lower on the day at 142.48.

 

Copyright Reuters, 2013