Market comment | Bond Yields fall to near multi-year lows

Summary

Tensions between the US and China persist. Chinese newspapers warned Beijing was ready to use its supply of rare earths in an increasingly bitter trade dispute with the United States. US treasury declared it has “significant” concerns about China’s currency practices, but stopped short of designating it a manipulator.

Key points

• Key points:
• Tensions between the US and China persist.
• German unemployment unexpectedly rose for the first time in nearly two years in May.
• Bond Yields fall to near multi-year lows.
• Market Volatility is increasing dominated by fears of economic downturn.

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