Germany 10-year bond yields fall below -0.22% now
It's getting a bit hard for markets to ignore the narrative of falling bond yields on the day as it's happening pretty much everywhere from the US to Japan and even Europe. Equities sentiment is still holding up for now and that's helping keep currencies steady but can this stay the course for the rest of the day?
The earlier headlines from Asia Pacific trading certainly won't help as we're starting to see the spillover effects of the Fed starting to lean towards rate cuts.
