Germany's 10 year government bonds declined on the second week. This signaled that the global economy has improved damped demand for EU's safest fixed-income assets. Yields were also pushed up to its highest since June of this year.

This week, benchmark yields rose to 16-month high. Meanwhile, France, Finland and the Netherlands posted the largest increases in two months. Euro region's economy emerged from long periods of recessions in the second quarter. On the other hand, US initial jobless counts decreased to its lowest mark in almost six years. This was after the Federal Reserve announced slowing down stimulus.

Yesterday, Germany's bonds rose 0.2% this week to 1.88% at 5 pm London time. This was its biggest increase since the period which ended June 21 this year. The highest rate since March 28 of last year reached 1.91% on August 15. The 1.5% security that is due in May 2023 fell EUR17.55 per EUR1000.