18704
German 10-Year Bond Yield Up
World Economy

German 10-Year Bond Yield Up

The yield on 10-year German government bunds on Wednesday broke above 1% for the first time since September 2014 amid a broader selloff in European and US bonds, MarketWatch reported. Yields rise as prices fall. The German benchmark yield rose six basis points to 1.02%, according to electronic trading platform Tradeweb. The ascent for German yields started last week when European Central Bank President Mario Draghi said investors should get used to periods of higher bond-market volatility, saying the central bank won’t do anything about it. For several European countries, bond yields dropped to record lows in the wake of the ECB’s aggressive quantitative-easing program launched in March. 10-year German yields slid to as low as 0.05% in April.

 

Short URL : http://goo.gl/dqJE1k

You can also read ...

Najib Says Malaysia Reserves at $100 Billion
Malaysia’s international reserves, which amount to more than $...
For the full year 2017, GDP growth may be slightly higher than the 1.4% estimated in the previous bulletin, the Bank of Italy said.
Fitch Ratings has affirmed Italy's sovereign rating at 'BBB'...
Pakistan Economy Teetering as Pleas for Remedy Mount
Pakistan is showing clear signs of economic meltdown amid...
If NAFTA is scrapped, some economists predict that the big automakers would just shift production altogether to Europe or Asia.
America’s federal government finished fiscal 2017 with a...
Japan Faces Huge Challenges
Is Japan’s problem-plagued economy finally turning a corner?...
Fed Chair Race Heats Up
President Donald Trump said he’s considering Stanford...
Bitcoin Hits Fresh All-Time High of $6,000
Bitcoin surged to a new all-time high above $6,000 on Friday,...
South Korea Exports Rise 6.9%
South Korea’s exports rose 6.9% during the first 20 days of...

Trending

Googleplus