German Bonds Surge to Take Benchmark Yields to Record Lows
- Rate on 10-year, 30-year debt follow records in global peers
- The entire German yield curve is in negative territory
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German bonds rallied to push long-term yields to all-time lows as investors flock to havens from the growing economic impact of the coronavirus.
The yields on 10-year and 30-year bonds fell below previous records reached last year. The moves are part of a global rush to position for stimulus measures by the world’s major central banks given the risk of recession.