EURO GOVT-Rehn comments on Greece send German Bunds lower
LONDON |
LONDON Jan 27 (Reuters) - German Bund futures reversed earlier gains to hit a session low on Friday after EU Commissioner Olli Rehn said a long-awaited deal on Greek bondholder writedowns was imminent, cooling safe-haven demand.
The Bund future fell to a session low of 138.52, down 17 ticks on the day, having earlier risen as high as 139.06.
Rehn said "we are very close" to a deal on Greece, signalling a deal would maybe come over the weekend, if not on Friday.
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