Germany's Five-Year Yields Drop Below Zero as Equities Tumble

Updated on
  • ECB's pledge to defend inflation mandate was lending support
  • The Netherlands sells three-year notes at a record-low yield

European government bonds surged, pushing German five-year yields below zero for the first time in almost a month, as a slide in equity markets boosted demand for fixed-income assets.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.