German 30-year Bund auction bid-to-cover falls to 2.425; yield rises to 3.9%

The German 30-year Bund auction drew a bid-to-cover of 2.425, down from 2.9 previously, and the 30-year Bund yield rose to 3.9% from 3.64%. The weaker cover and higher yield point to softer demand at the long end of the German curve.

Detected & updated continuously · Source: Nebula