German Yields Hit Multi Week Highs As Producer Prices Surge

Sumber: Reuters | Editor: Anastasia Lilin Yuliantina

KONTAN.CO.ID - German bond yields surged on Friday after data showed the biggest jump in producer prices on record in the euro zone's biggest economy, stoking inflation concerns.

Producer prices in July in Germany leapt 37,2% from the same time last year and 5,3% from June, compared to the 0,6% monthly rise expected in a Reuters poll.