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EURO GOVT-Bunds erase early losses as dip-buyers step in
December 14, 2012 / 8:56 AM / 5 years ago

EURO GOVT-Bunds erase early losses as dip-buyers step in

LONDON, Dec 14 (Reuters) - German Bund futures erased early losses on Friday to turn flat, with traders citing dip-buying as investors looked to pick up bargains in a cheapened market.

“People are buying dips to park their money and extend their duration,” one trader said.

The Bund future was last 4 ticks higher on the day at 145.10, having earlier fallen as low as 144.73.

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