European shares rally as bond yields plumb new lows
All attention turns to bonds on global markets amid the simmering trade war, recession fears, dovish central banks and ebbing oil prices
03 July 2019 - 11:50
London — Action on world markets focused on bonds on Wednesday, with a fresh slide in benchmark debt yields on simmering global trade war and recession fears, central bank easing bets and ebbing oil prices.
EU leaders’ nomination of IMF chief Christine Lagarde as Mario Draghi’s replacement at the helm of the European Central Bank (ECB) reinforced the expectation of monetary policy easing in the bloc...
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