A German flag waves in front of the buildings of the banking district in Frankfurt, Germany, Friday, Aug. 30, 2024. (AP Photo/Michael Probst)
BERLIN: Germany’s bonds have stabilised after their worst week since 1990, as investors start to look at whether to buy the debt. The yield on 10-year securities ended last Friday little changed at 2.84%, after hitting the highest since 2023 on Thursday.
With the rate up over 40 basis points – the biggest increase since the aftermath of the Berlin Wall’s fall – some bond strategists are now beginning to turn positive.
