Sunday, June 24, 2007

European Bonds Advance for Second Day ; 10-Year Yield Falls t 4.62 Percent

(Bloomberg) -- European government bonds advanced
for a second day in London.

The yield on the 10-year bund fell 3 basis points to 4.62
percent by 7:05 a.m. in London. The price of the 4.25 percent
bond due July 2017 gained 0.24, or 2.4 euros per 1,000-euro
($1,345) face amount, to 97.08. Bond yields move inversely to
prices.


Read more at Bloomberg Bonds News

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