April 2, 2013 / 10:21 AM / 5 years ago

EURO GOVT-Bund futures dip to session low

LONDON, April 2 (Reuters) - German Bund futures fell to a session low on Tuesday, backing away from the near four-month highs seen last week, as stock markets extended gains and some investors looked to take profits on safe-haven positions.

“The whole Cyprus story seems to have run its course. All news is pretty much priced in so you’re seeing some fast money taking a bit of profit,” one trader said.

The Bund future hit a low of 145.12, down 37 ticks on the day, having earlier risen to a high of 145.63.

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