UPDATE 2-Euro zone bond yields near record lows on grim German outlook [Reuters]
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Source: Reuters
UPDATE 2-Euro zone bond yields near record lows on grim German outlook * US to delay China tariffs on some products * EZ, U.S. bond yields rise * But German ZEW index tumbles * Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr By Virginia Furness and Dhara Ranasinghe LONDON, Aug 13 (Reuters) - Euro zone government bond yields fell on Tuesday, with Germany’s 10-year benchmark reaching new lows, as concerns ranging from Brexit to turmoil in Hong Kong and uncertainty in Italy drove investors into safe-haven assets. A survey from the ZEW institute showing the mood among German investors slid far more than expected in August only added to the bleak economic outlook, supporting bond markets. News that the United States would remove some products from a list of tariffs on Chinese goods raised hopes of an easing in world trade tensions but only briefly dented the European bond rally. “If there is a bit more optimism on the trade side that is going to support the growth story,” said Chris
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