Global bond yields reaching record low of 1.29% as euro plunges

Singapore

A GAUGE of global bond yields approached the all-time low of 1.29 per cent as investors sought the safety of debt while the euro tumbled.

Bonds in the Bank of America Merrill Lynch Global Broad Market Sovereign Plus Index had an effective yield of 1.30 per cent on Jan 2. The low was set in 2013 based on data going back to 1996.