Market Comment | Bond yields reach historic lows

Summary

During the week, government bonds rose strongly as weak economic data from Germany and China renewed investor concerns about global economic growth. Market expectations that the ECB will aggressively relax its monetary policy at the September meeting have increased.

Key points

• Key points:
• U.S. will delay the 10% tariff on some Chinese imports until the end of the year.
• Germany’s flash GDP shrank in the second quarter.
• High volatility on American and European stock markets.

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