Bunds extend the rally

FXStreet (Edinburgh) - The sell-off in the German Bunds continues unabated on Thursday, lifting yields higher and sending the 10-year benchmark to 2015 tops near the critical 1.0% mark.

Bunds have found further support after ECB’s M.Draghi slipped the possibility that more volatility could hit the markets in the upcoming periods. The current sell-off in the German debt markets keeps bolstering the EUR advance vs. its main rivals, which has gained more than four big-figures vs. the US dollar.