GLOBAL MARKETS-Bond yields slip, stocks suffer on cooling China data

GLOBAL MARKETS-Bond yields slip, stocks suffer on cooling China data

World stocks struggled and safe haven bets were back in play on Friday with German bond yields plumbing record lows as Chinese data rekindled woes about the health of the global economy and fears of a new U.S.-Iran confrontation intensified. Data from Beijing painted a fairly gloomy picture of the world's second largest economy as the trade war with the United States starts to bite. May industrial output growth slowed to a more than 17-year low, well below expectations, while fixed-asset investment also fell short of forecasts.

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