10-year bund yields hit their lowest levels since July 2016
The risk-off sentiment extends to Europe as bond yields continue to tumble with 10-year bund yields now on the verge of hitting record lows. Yields are now at -0.194% and is closing in on the July 2016 low seen at -0.205%.
It's getting ugly all over the place and that will continue to lend the yen and swissie a hand in gathering more bids as we begin the session.
