- Published on Thursday, 08 March 2012 08:16
- Written by Bloomberg.com
German 10-year bonds fell for the first time in three days before a report that may show the nation’s industrial production rose in January, buoying the case for the European Central Bank to keep interest rates unchanged.
Two-year note yields stayed within three basis points of the least on record. Germany’s industrial output climbed 1.1 percent in January from December, when it slipped 2.9 percent, according to the median prediction of 39 economists surveyed by Bloomberg News. The ECB will leave its refinancing rate at 1 percent today, according to a separate survey. ECB President Mario Draghi is due to hold a press conference in Frankfurt after the decision is announced. Full story