European Bonds Rise as Stock Markets Extend $5.6 Trillion Rout

Updated on
  • Region's bonds resume gains after $39 billion of debt issued
  • Brent crude oil falls below $30 a barrel to lowest since 2004

The Stoxx Europe Index Declines 2.5 Percent

European government bonds advanced as stock markets extended their decline and oil tumbled to the lowest level since 2004, boosting demand for the relative safety of fixed-income assets. 

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