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German 10-year bond yields crash below zero as growth fears roil markets
By Karin Strohecker
Friday, March 21, 2019
LONDON -- German 10-year bond yields dived below zero while European shares and the euro fell today after grim data from the continent fuelled fears of a global economic slowdown following this week’s dovish turn by the U.S. Federal Reserve.
Yields on Germany's 10-year government bond turned negative for the first time since October 2016 after data showed manufacturing contracted for a third straight month in March, compounding worries that trade disputes are exacerbating a slowdown in Europe's biggest economy. ...
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