Gavekal Capital: Further Decline in German Yields Following Tame CPI Data

Thursday, January 16, 2014

Further Decline in German Yields Following Tame CPI Data

This morning's release of Germany's final data confirmed previous estimates for sluggish growth in consumer prices:

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With the decline in inflation, investors seem to be gravitating more towards government bonds.  Though yields remain considerably higher than they were last May, they have declined steadily for the last few weeks:

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