Global sovereign bonds rallied as investors moved into safe-haven government debt amid renewed concern the Middle East conflict could derail global economic growth. The shift revived demand for previously beaten-down government paper, indicating a risk-off tilt that is likely to weigh on yields and risk assets near term.
Global sovereign bonds rallied as investors moved into safe-haven government debt amid renewed concern the Middle East conflict could derail global economic growth. The shift revived demand for previously beaten-down government paper, indicating a risk-off tilt that is likely to weigh on yields and risk assets near term.
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mildly negative
Sentiment Score
-0.25