Germany will sell a 30-year bond maturing Aug. 2056 via a bank syndicate; the
issuance yield is expected to be the highest since 2011, reflecting investors’
demand for higher compensation to lend to an indebted government still fighting
inflation. The new issue is expected to price about 0.4 bps above a comparable
2054-dated bond currently yielding 3.77%. Pricing is due late Tuesday.