FRANKFURT (MarketWatch) -- The prices of German government bonds continued to rise Monday as investors sought safe havens amid heavy pressure on equities and ongoing uncertainty about the sustainability of the global economic recovery and the euro-zone sovereign debt crisis. The yield on 10-year German bonds, or bunds DE:10YR_GER -7.56% extended the recent move below the 2% level to fall as low as 1.83%, an all-time low, and were seen at 1.84% in recent action, according to FactSet Research data. Bond prices and yields move in opposite directions. "Bund yields are unlikely to rise" this week "as a very light data calendar will offer little direction and [the] focus should remain firmly on euro-zone problems," wrote strategists at UniCredit Bank in Milan, in a note.
