German Bund yields head back towards zero on Brexit hopes - News Summed Up

German Bund yields head back towards zero on Brexit hopes


Euro zone bond yields were lifted off recent lows on Wednesday with Germany's benchmark Bund heading back towards zero percent as hopes of a softer Brexit fuelled risk appetite and investors took heart from signs of progress in US-China trade talks. Euro zone bond yields were lifted off recent lows on Wednesday with Germany's benchmark Bund heading back towards zero percent as hopes of a softer Brexit fuelled risk appetite and investors took heart from signs of progress in US-China trade talks. Analysts say this suggests May is pivoting towards a softer Brexit. US Treasury yields were 4 basis points higher in European trade to 2.52pc having risen over 10 basis points this week. Most 10-year yields in the bloc were up to 4 basis points higher.


Source: Irish Independent April 03, 2019 07:40 UTC



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