Arab Today, arab today bund yield slides to 11month low
Last Updated : GMT 10:47:11
Arab Today, arab today
Arab Today, arab today

Bund yield slides to 11-month low

Arab Today, arab today

Arab Today, arab today Bund yield slides to 11-month low

Berlin - Arabstoday

German government bonds advanced, pushing the 10-year yield to the lowest in almost a year, as concern the global economic recovery is stalling sent stocks lower and boosted demand for the safest assets. Ten-year German bonds gained for a fourth day as Morgan Stanley lowered its growth forecast for the euro area and European Central Bank Governing Council member Ewald Nowotny said he was fearful of a period of slow growth and low inflation. The Stoxx Europe 600 Index of shares fell 2.4 per cent, while US equity futures slid before a government report that economists expect will show the cost of living in the USbarely rose in July. Greek and Portuguese bonds slid. \"We have growth concerns, that\'s for sure,\" said Peter Schaffrik, head of European interest-rate strategy at RBC Capital Markets in London. \"There\'s a realisation that with low rates for longer comes a flatter curve. That\'s driving the bunds up. On top of that there\'s a bit of concern over everything peripheral.\" Article continues below Ten-year bund yields fell six basis points to 2.15 per cent at 11:32am in London, after reaching 2.14 per cent, the lowest since September 1. The 3.25 per cent security due July 2021 gained 0.525, or €5.25 per €1,000 ($1,443) face amount, to 109.705. Yields on 30-year bonds dropped six basis points to 3.03 per cent and two-year note yields were five basis points lower at 0.65 per cent. Benign outlook A \"benign inflation outlook would allow the ECB to reverse the course of its monetary action and start to cut interest rates in early 2012,\" Morgan Stanley economists including Elga Bartsch wrote in a note to clients. They predicted that the ECB will lower its benchmark rate to 1 per cent by the end of 2012, from 1.5 per cent. \"My personal fears are focused on a different direction, a Japanese one,\" Nowotny was quoted as saying in an interview in Austrian daily newspaper WirtschaftsBlatt. That means a \"long-term period of limited economic growth combined with low inflation rates,\" he added in the interview.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today bund yield slides to 11month low Arab Today, arab today bund yield slides to 11month low

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today bund yield slides to 11month low Arab Today, arab today bund yield slides to 11month low

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Saudi witnessing a remarkable growth

GMT 09:57 2017 Saturday ,23 September

Saudi witnessing a remarkable growth
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today US-made bomb used in fatal strike

GMT 10:16 2017 Saturday ,23 September

US-made bomb used in fatal strike
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:03 2017 Thursday ,21 September

Alarm over flesh-eating ulcer cases

GMT 11:29 2017 Thursday ,21 September

Lufthansa chief eyes up to 78

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday