Tuesday, June 14, 2016

Market Still Anxious, German T-bill Continues To Fall

Jittery Investors Drag German Bond Yield Below Zero

Yields on Germany’s 10-year sovereign bonds plunged below zero for the first time on record Tuesday as uncertainty surrounding global economic growth and the future of the United Kingdom in the EU fuelled demand for perceived safe havens. The negative yield shows that investors are willing to accept a guaranteed loss in order keep their money…