Singapore
INVESTOR demand for bonds is proving insatiable as oil and stocks tumble, defying the consensus forecast for yields to rise this quarter.
Two-year yields fell to negative 0.5 per cent in Germany and minus 0.2 per cent in Japan, where the 10-year yield touched 0.035 per cent - all record lows.
The yield on a Bank of America Corp index of sovereign bonds has fallen to 1.33 per cent, the lowest level based on data that go back to the end of 2005. Benchmark 10-year Treasury yields were little...
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