German debt yields near 1-week lows before EU meeting – ZAWYA

  • Date: 08-Jul-2020
  • Source: Zawya
  • Sector:Economy
  • Country:UAE
  • Who else needs to know?

German debt yields near 1-week lows before EU meeting – ZAWYA

German debt yields near 1-week lows before EU meeting | ZAWYA MENA Edition HomeMarketsCurrenciesArticleGerman debt yields near 1-week lows before EU meeting German government bond yields slipped towards a one-week low on Wednesday    LONDON- German government bond yields slipped towards a one-week low on Wednesday as weaker global stock markets prompted a bout of risk aversion after a rally in risky assets in recent weeks.With little important economic data on the calendar, bond markets are focused on a meeting between European Union officials to discuss the shape of the EU's recovery fund.On Wednesday, German Chancellor Angela Merkel will travel to Brussels to discuss the fund, which investors hope will be provided in part as grants, helping economic recovery in southern European states and easing concerns that they could be saddled with more debt.With little important economic data on the calendar, bond markets are focused on a meeting between European Union officials to discuss the shape of the EU's recovery fund.LONDON- German government bond yields slipped towards a one-week low on Wednesday as weaker global stock markets prompted a bout of risk aversion after a rally in risky assets in recent weeks.On Wednesday, German Chancellor Angela Merkel will travel to