Bund yields down 8 bps to on the day
German 10-year yields touched the highest since September yesterday before reversing to a nearly-flat finish. A climb today was also washed out and they're now trading at 0.90% -- 15 bps from yesterday's high.
Without doubt, the 100 bps rise in Bunds since mid-April has been the driver for the euro bounce but as it goes, so will go the euro.
This chart illustrates the correlation between the euro and bund yields.
