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2010.10.1103:19:00UTC+00German Bunds Open Lower After Treasuries Prices eased Late on Friday

News: 

  • German bunds opened lower on Monday, after Treasury prices eased late on Friday as investors settled positions ahead of a long holiday weekend. 
  • At 0604 GMT, December Bund futures stood 18 ticks lower at 131.67, while two-year bond yields were up almost a basis point at 0.796 pct, and 10-year yields inched higher a similar amount at 2.264 pct.

Quotes:

  • "Treasuries drifted off a bit late on Friday and we're lower this morning, without much to give the market direction," a trader said. 

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