Market Comment | Fresh inflows into safe-haven bonds amid trade and political tensions
Published on Thursday, June 21, 2018
Market Comment | Fresh inflows into safe-haven bonds amid trade and political tensions
Summary
Negative mood in financial markets on the back of ongoing global trade tensions and the return of political uncertainty in Italy (see). Safe-haven bonds attracted fresh inflows. Both the US and the German 10Y yields dropped (around 4 bps), after recent government appointments increased concerns among investors, while the Italian yield surged (30 bps in […]
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BBVA Research
BBVA Research