German 10-year yield november 16 2011

German 10-year yield november 16 2011 : Germany got fewer bids than its maximum target at an auction of two-year notes, as the government agreed to pay the lowest yield on record. The auction drew bids for 5.455 billion euros of the securities, less than the 6 billion euros available, according to a Bundesbank statement today. The German 10-year yield increased five basis points to 1.83 percent. The German 10-year yield increased five basis points to 1.83 percent.

The difference in yield between the benchmark German bunds and 10-year French bonds narrowed 15 basis points to 175 basis points. The Belgian-German 10-year yield spread tightened 87 basis points to 294 basis points.

Negotiators for Greek bondholders are seeking extra incentives on a debt-swap proposal, the Financial Times reported, citing a "confidential" proposal presented to Greek authorities on Nov. 13.

Portugal plans to auction as much as 1.25 billion euros of 91- and 182-day bills today. Euro area consumer-price inflation stayed at 3 percent for a second month in October, the European Union's statistics office in Luxembourg said today.

German government bonds have returned 9.2 percent this year, according to indexes compiled by Bloomberg and the European Federation of Financial Analysts Societies. Italian bonds handed investors a 10 percent loss. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today

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