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Bond rally near 'panic' level with Japan yield below zero

Flight to quality gains momentum because of speculation Deutsche Bank would have trouble paying its debts, says a trader
Wednesday, February 10, 2016 - 05:50

Tokyo

SOVEREIGN bonds surged, sending the Japanese benchmark 10-year yield below zero for the first time, as investors seeking the safest assets gorged on government debt.

Treasury yields dropped to a one-year low and those on short-dated German securities dropped to records in the

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