European Markets and German Dax

ftse: However, US stocks staged a modest recovery after heavy sell-offs on Wednesday, according to The Guardian. The FTSE 100 ended Thursday down 1.1% at 7,067, its lowest level since February, while the German Dax fell 0.7% and the French CAC 40 shed 0.3%, dragging European markets to a six-month low. The index of Britain's top 100 firms dropped more than 1% to hit a six-month low and and stock markets in continental Europe also dipped in response to investors channelling their funds into financial safe havens. Earlier in the day the Nikkei 225 fell 1.2% in Tokyo. Government bonds known as gilts in the UK, treasuries in the US and bunds in Germany are debt issued over a fixed period of time, typically three months, two years, 10 years and 30 years, to fund government spending. Q&A What is an inverted yield curve and why does it matter Show Hide What is the yield curve This is the line plotted on a graph that shows the rate of return on government bonds to their date of maturity. (news.financializer.com). As reported in the news.