German Bunds Reach New Milestone as Yield Declines Below Zero

  • Brexit risk, economic outlook stoke demand for havens
  • Nation follows Switzerland, Japan with negative 10-year yield

Markets and Bonds Feel Impact of Brexit Jitters

The yield on Germany’s 10-year government bund, Europe’s benchmark security, fell below zero for the first time on record, as investors’ seemingly insatiable demand for haven assets created another bond-market milestone.

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