Germany's 10-year Bund yield falls to 1-1/2 week low on haven demand
|- German bunds rise, pushing yields lower on haven demand.
- German coalition talks collapse.
Following the collapse of the coalition talks, German Chancellor Merkel is left with two options - form a minority government or opt for re-elections.
The resulting political uncertainty pushed the German 10-year bund yield to a 1-1/2 week low of 0.346 percent.
Across the pond, the 10-year US Treasury yield is down 1.8 basis points to 2.336 percent. The yield curve (spread/difference between the US 10-yr yield and the 2-yr yield) flattened/narrowed to 60.5 basis points; the lowest level since Oct. 2007.
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