German Bunds post the longest losing streak in 2.5 years
German government bonds have fallen for 7 consecutive days, taking their yield more than 60 basis points higher from a record low of -0.91%. It’s their longest run of losses in 2.5 years. “A move in 10-year bund yields back above zero is not sustainable but it is a very real possibility over the next week,” said Richard Kelly of Toronto-Dominion Bank.