German 30-year yield turned negative on Friday, possibly on fears of a deeper economic slowdown. The entire German yield curve is close to falling into negative territory. The German 30-year Bund yield on Friday fell below zero for the first time on record. The yield printed a low of -0.01 before closing at 0.008, down nine basis points on the day. If the 30-year yield finds acceptance below zero, then Germany would join Switzerland and Denmark in offering negative returns across the bond yield curve. The German 10-year yield also hit a record low of -0.501% on Friday. It is worth noting that the European Central Bank’s (ECB) deposit rate is -0.40%. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold technical analysis: Bulls have their eyes on the 127.2% Fibo target up at $1,560 FX Street 4 years German 30-year yield turned negative on Friday, possibly on fears of a deeper economic slowdown. The entire German yield curve is close to falling into negative territory. The German 30-year Bund yield on Friday fell below zero for the first time on record. The yield printed a low of -0.01 before closing at 0.008, down nine basis points on the day. If the 30-year yield finds acceptance below zero, then Germany would join Switzerland and Denmark in offering negative returns across the bond yield curve. The German 10-year yield also hit a record low of -0.501% on Friday.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
