NewsFeeder
03-22-2019, 07:01 AM
Global Markets: German 10-yr bond yields crash below zero as growth fears roil markets
German 10-year bond yields dived below zero while European shares and the euro fell on Friday after grim data from the continent fuelled fears of a global economic slowdown following this week's dovish turn by the U.S. Federal Reserve. Yields on Germany's 10-year government bond turned negative for the first time since October 2016 after data showed manufacturing contracted for a third straight month in March, compounding worries that trade disputes are exacerbating a slowdown in Europe's biggest economy. Equities in Paris tumbled 0.8 percent while London's FTSE dropped 1 percent.
https://finance.yahoo.com/news/global-markets-asian-shares-firm-011753167.html?.tsrc=rss
German 10-year bond yields dived below zero while European shares and the euro fell on Friday after grim data from the continent fuelled fears of a global economic slowdown following this week's dovish turn by the U.S. Federal Reserve. Yields on Germany's 10-year government bond turned negative for the first time since October 2016 after data showed manufacturing contracted for a third straight month in March, compounding worries that trade disputes are exacerbating a slowdown in Europe's biggest economy. Equities in Paris tumbled 0.8 percent while London's FTSE dropped 1 percent.
https://finance.yahoo.com/news/global-markets-asian-shares-firm-011753167.html?.tsrc=rss