Worst German bond rout since 1990 triggers global selloff as yields surge

Q: How long will it take to read this news story?

The story "Worst German bond rout since 1990 triggers global selloff as yields surge" has 599 words across 20 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Worst German bond rout since 1990 triggers global selloff as yields surge" was covered 6 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 332 news stories per day. It's most recent story was published 5 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #26701800</li><li>URL: https://chronographically.beamstart.com/news/worst-german-bond-rout-since-17412837745339</li></ul>

Business Standard Logo Business Standard 6h ago

Worst German bond rout since 1990 triggers global selloff as yields surge - Business Standard

Quick Summary:

The plans “represent an unprecedented break with German fiscal priorities,” said Theophile Legrand, a strategist at Natixis.“The expected increase in supply could lead to a higher term premium.

The yield on 10-year German notes was up eight basis points as ECB President Christine Lagarde spoke following the decision, trading at 2.88 per cent.

Strategists at firms including Natixis and Union Bancaire Privée also see bund yields potentially reaching 3 per cent this year, a level hit just once in the past decade, as the nation floods the market with more debt.