Rates Yesterday, global core bonds and peripherals remained very well bid . The 10-yr bond yields of Germany, Italy, France, Spain, the Netherlands, Finland, Austria, Belgium, Slovakia, and Ireland all fell to levels never seen in the euro era. The law of gravity was still at work and as the 10-year German yield was so close to the 1.12% all-time low that the temptation to test it and take it out was irresistible. Of course, it needs to be confirmed by the end of the week, when a number of key
Reported by FXstreet.com 1 hour ago.
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