Longer-dated bonds lead euro zone debt rally

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Longer-dated bonds lead euro zone debt rally
 © In-Cyprus 2020

Longer-dated euro zone government bonds led a broad rally on Thursday as concern about an economic slowdown in the region and damage to Asian growth from China’s coronavirus created strong demand for safe-haven government bonds.

The coronavirus continues to shape risk appetite. China has reported a large drop in new cases and announced an interest rate cut to buttress its economy. However, South Korea reported a jump in new cases, two people died in Japan and researchers said the virus spreads more easily than previously believed.

The Spanish 30-year bond led...


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This article was automatically added to our system 20-2-2020

Longer-dated bonds lead euro zone debt rally


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Article Tags: longer, dated, bonds, rally,