RTRS:EURO GOVT-Bunds extend losses as Fed move boosts riskier assets
(Reuters) - German Bund futures extended losses on Friday as the announcement of a bold monetary stimulus programme by the Federal Reserve boosted global stock markets, taking the shine off safe-haven assets.
German Bund futures extended losses to a session low of 140.09, down more than one point on the day.
Ten-year German bond yields rose 9.3 basis points to 1.62 percent and thirty-year yields were 11 bps higher at 2.52 percent. The move mirrored those in U.S. Treasuries where long-dated yields were down 9 basis points.
The euro extended gains to hit a session high of $1.30676, up 0.6 percent on the day.
