EURO GOVT-Bunds briefly erase gains after Ifo data
LONDON |
LONDON Feb 23 (Reuters) - German Bund futures briefly erased intra-day gains on Thursday, having steadily fallen after better than expected German Ifo business sentiment figures.
"There was the above-consensus data out of Germany... its a muted reaction but that's what's driving the selloff. It's not really anything to do with 'risk-on', it's just maybe some people paring back overweights in Bunds," a trader said
German Bund futures were last 10 ticks higher on the day at 138.63.
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