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Davy Research

Market comment

German bund yields fall to fresh record low

Aug 7 2019, 08:10 IST/BST
Conall MacCoille
Irish Economy
4 page(s)

Conall MacCoille

Analyst

DAVY VIEW

US equity markets rebounded on Tuesday (August 6th) as the People’s Bank of China fixed its target for the yuan/dollar exchange rate below 7, easing fears of trade tensions ratcheting up. However, German bund yields have fallen to fresh record lows this morning following June’s industrial production data, down 1.5% on the month.

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Aug 7 2019, 08:10 IST/BST

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