Economics
Germany’s Bonds Halt Gains as Investors Prepare for BOJ, Fed
- Ten-year yields earlier touched lowest in almost two weeks
- Investors await signals on central-bank stimulus after Brexit
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German 10-year bonds halted a three-day gain as investors waited for the latest announcements on monetary policy from the Federal Reserve and the Bank of Japan this week.
Yields on Europe’s benchmark 10-year sovereign securities fell earlier to the lowest in almost two weeks. The bonds swung between gains and losses as investors prepared for signals on the magnitude of any central-bank stimulus after the U.K. voted last month to leave the European Union, heightening concerns of a slowdown in global growth. Britain’s economy is the world’s fifth-largest, while the EU is the biggest trading bloc.