German Bonds Drop as Draghi Cools Speculation of Further Easing

September 8, 2016 12:13 PM

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Germany’s government bonds fell for the first time in four days after the European Central Bank made no changes to its key interest rates or asset-purchase program.

Europe’s benchmark sovereign securities extended their drop after ECB President Mario Draghi said in a press conference in Frankfurt that policy makers didn’t discuss an extension to its bond-buying plan. The decision to leave the deposit rate at a record-low minus 0.4 percent was forecast by 61 of ...

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