European Government Bonds Gain; 10-Year Bund Yield Falls to 4.61 Percent

(Bloomberg) -- European government bonds advanced
in London, reversing earlier declines.

The yield on the 10-year bund fell 3 basis points to 4.61
percent by 1:38 p.m. in London. The price of the 4.25 percent
bond due July 2017 gained 0.21, or 2.1 euros per 1,000-euro
($1,343) face amount, to 97.13. Bond yields move inversely to
prices.


Read more at Bloomberg Bonds News