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EURO GOVT-German Bunds dip after PMI data
February 5, 2013 / 9:11 AM / 5 years ago

EURO GOVT-German Bunds dip after PMI data

LONDON, Feb 5 (Reuters) - German government bonds dipped on Tuesday after a survey showed euro zone businesses were more optimistic about the future of the region’s economy.

Markit’s Eurozone Composite PMI, seen as a good gauge of economic growth, rose in January to a 10-month high of 48.6 from 47.2 in December - an improvement on the preliminary reading of 48.2.

Bund futures were 16 ticks lower on the day at 142.48.

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