Markets

Long-dated German debt lead Bunds lower

Published September 10, 2012 Updated September 10, 2012 12:33pm

 

The December Bund future fell 52 ticks to 140.13 while cash 30-year yields were up 9 bps at 2.42 percent.

 

"It's being led by the 30-year sector, it's been heavy all morning, we're heading back towards a big level at 2.44 percent, potentially there's some real money position squaring going on," a trader said.

 

Copyright Reuters, 2012