KONTAN.CO.ID - LONDON. Germany's 10-year government bond yield fell to its lowest level in about 2-1/2 weeks on Wednesday after U.S. President Donald Trump said the United States would raise tariffs on Chinese imports if no trade deal is reached with Beijing. Trump's comments on Tuesday set the tone for world markets, with U.S. Treasury yields also falling while stock markets weakened. Euro zone bond markets have been largely range-bound this week as investors wait for fresh cues, but latest trade headlines and news that the U.S. Senate has passed legislation aimed at protecting human rights in Hong Kong stoked fresh buying of safe-haven debt.
German Bund yields fall to 2-1/2 week low on Trump trade warning
KONTAN.CO.ID - LONDON. Germany's 10-year government bond yield fell to its lowest level in about 2-1/2 weeks on Wednesday after U.S. President Donald Trump said the United States would raise tariffs on Chinese imports if no trade deal is reached with Beijing. Trump's comments on Tuesday set the tone for world markets, with U.S. Treasury yields also falling while stock markets weakened. Euro zone bond markets have been largely range-bound this week as investors wait for fresh cues, but latest trade headlines and news that the U.S. Senate has passed legislation aimed at protecting human rights in Hong Kong stoked fresh buying of safe-haven debt.