Investors are undeterred by low yield on German bond

05/16/2013 | Wall Street Journal, The

Germany has sold more than €4.2 billion in two-year bonds, despite an almost-record-low yield. "While the outright yield is not attractive, the probably limited volatility for short-end bunds and thus low mark-to-market risk leaves them as a good place, especially for those investors seeking nominal capital preservation," said David Schnautz, an interest-rate strategist at Commerzbank.

View Full Article in:

Wall Street Journal, The

Published in Brief: