Markets

German debt erases early gains

Published October 2, 2012 Updated October 2, 2012 08:06am

 

"There seems to be a bit of resistance around the 141.65/70 level but it's a very range-bound market between 141.20-141.70," a trader said.

"We're just waiting for more news on Spain and with the possibility of a downgrade, people are happy to buy Bunds on dips"

 

Bund futures were last at 141.42, up 2 ticks on the day having earlier risen as high as 141.69.

Copyright Reuters, 2012