German bond bounces back from 2½ week lows


LONDON: German bond yields pulled away from 2½ week lows as world stock markets put aside trade war fears and rallied, taking the shine off safe-haven bond markets.

An escalation in trade tensions between the United States and China, plus dovish rhetoric from the European Central Bank (ECB) that has boosted confidence a rate hike remains some way off, have pushed down bond yields in recent days.

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