Germany 10-y Bond Auction dipped from previous 0.87% to 0.74%

FXStreet.com (Barcelona)

Nov 26, 2014

German borrowing costs fall as it sells 10-year bunds at record low 0.74 percent yield

Today’s German bund auction saw the sale of EUR2.25bn of 10-year 1pc government bonds. According to a statement from the Bundesbank, the bond sold at a weighted average 102.38 with a record-low 0.74 percent yield.

Oil has its lowest close – Investec

The Investec Research Team notes that Oil had its lowest close since September, 2010, ahead of the OPEC meeting.