March 6, 2020 / 3:08 PM / 24 days ago

Germany's 10, 30-year bond yields slide to record lows

LONDON, March 6 (Reuters) - Long-dated bond yields in Germany, the euro zone’s benchmark debt issuer, slid to record lows on Friday as a wave of panic over the coronavirus swept through world markets and triggered a rush for safe-haven assets ahead of the weekend.

The 10-year Bund yield fell to as low as -0.746% , dropping past a previous low hit in early September at the height of worries over the U.S./China trade war.

Thirty-yields hit -0.337% and were last down 13 bps on the day — tracking similar moves in the U.S. Treasury market.

Reporting by Dhara Ranasinghe Editing by Tommy Reggiori Wilkes

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