Yields: Bond Yields and European Union

yields: Stocks were also under pressure in Sydney with the ASX200 benchmark index closing down 1% to a four-week low, according to The Guardian. The European Union has bigger problems to deal with than Brexit Read more Equities were sold off across Asia Pacific. Bond yields also continued to fall across the world with Australian 10-year treasury yields falling to a record low on Monday of 1.756% in what analysts see as a strong indicator of a downturn hitting the resource-rich country. In Japan the Nikkei closed down 3%, bond yields slipped to their lowest point since 2016 and the yen seen as a safe haven investment was at its highest in more than a month. The FTSE100 was expected to dip 0.4% when trading begins on Monday morning. The Kospi index in Seoul dropped 1.8%, the Hang Seng was down 1.82% and Shanghai retreated 1.3%. David 10Y yields collapse further into negative territory 25, 2019 In commodities, Brent crude oil futures eased 47c to 66.56 in a sign of falling confidence in the world economy. (news.financializer.com). As reported in the news.