Markets

Bund futures drop a full point after US data

LONDON : German Bund futures lost one full point in price on Monday, tracking US Treasuries lower as a surprising rise i
Published August 29, 2011 Updated August 29, 2011 02:50pm

Bund futures were last 91 ticks down at 134.30, having fallen earlier as low as 134.21.

The US Commerce Department said personal spending increased 0.8 percent, the biggest monthly rise in five months, after slipping 0.1 percent in June.

 

Copyright Reuters, 2011