For The First Time Ever, German Bund Yields Drop Below The ECB's Deposit Rate
July 04, 2019 at 11:55 AM EDT
For the first time ever, the yield on the German 10Y Bund, considered as Europe's go to safe asset, dropped below the ECB's -0.40% deposit rate, as consensus forms that the ECB will cut rates by at least 10bps in September.
