German Bonds Halt Slide After Brainard Stokes Cheap-Money Wagers

Updated on
  • There’s now a less than 1-in-4 chance of September Fed hike
  • Bund yields are down from highest since Brexit result

German 10-year bunds halted a three-day decline after Federal Reserve Governor Lael Brainard’s dovish comments encouraged traders to pare bets on an imminent U.S. interest-rate increase.

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