UPDATE 1-Pause over, Germany's 10-year bond yield hits new record low [Reuters]
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Source: Reuters
UPDATE 1-Pause over, Germany's 10-year bond yield hits new record low * German, Spanish yields hits fresh record low * Disappointing China economic data fuels growth fears * Middle East uncertainty adds to safe-haven bid * Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr By Dhara Ranasinghe LONDON, June 14 (Reuters) - Germany’s 10-year bond yield reached a record low on Friday and Spanish yields dropped below 0.5% for the first time, as demand was boosted by weak Chinese data and heightened uncertainty in the Middle East after attacks on two oil tankers. China’s industrial output growth unexpectedly slowed in May to its lowest in more than 17 years. Investment also cooled, in the latest sign of weakening demand in the world’s second-largest economy as the United States ramps up trade pressure. The data is the latest sign of weakness in the global economy, raising pressure on central banks to take action — The Swiss National Bank said on Thursday it might further relax its ultra-
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