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U.K's 10-year bond yields fall in anxiety

U.K's 10-year bond yields, today, dropped to all-time lows amid the anxiety and uncertainty growing before the nation's referendum, taking place on the 23rd of June 2016.

U.K's 10-year bond yields drop 2.11%

The 10-year bond yields traded at 1.209%, having declined 2.11% or 2.6 basis points.

The fear resumes to grow following the latest polls' results showing that the campaign to leave the European Union mounts, indicating that a Brexit has chances to occur.

In the meantime, Germany's 10-year bonds traded not far from the 0.009% rate at 14.29%, stabilizing 0.4 basis points lower at 0.018%.

Furthermore, in the forex market, the euro and the sterling reached their weakest zone against the Japanese yen.

Moreover, the European shares hovered close to their weakest zones for the last three weeks.

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Monday, 13 Jun, 2016 / 1:51

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Source : https://www.argusfx.com/en/research-education/market-analysis/news/u.k-s-10-year-bond-yields-fall-in-anxiety

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