XT_Mobile_970x250_XFR
  1. Hello Guest Would you like to receive a FREE $50 No Deposit Bonus ? Check this

Draghi strikes again, German 2-yr yield hits record low

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 20, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    FXStreet (Mumbai) - The ECB’s Draghi heightened hopes of more easing at Dec 3rd meeting after he stressed the readiness to do more to battle low inflation.

    The European stock markets strengthened, EUR/USD dropped and bond yield across the Eurozone fell. Draghi’s comments pushed up the bets of another cut in the deposit rate.

    Consequently, the two-year German bund yield fell to a record low of -0.87%, before recovering slightly to trade around -0.379. The benchmark 10-yr bund yield has managed to stay moderately positive.
    For more information, read our latest forex news.
     

Share This Page

Trade indices Online