The German bunds remained mixed during afternoon session Wednesday ahead of the European Central Bank’s (ECB) Governor Christine Lagarde’s speech, due to be delivered today by 13:30GMT and the country’s employment report for the month of February, scheduled for release by end of this week .
The German 10-year bond yield, which move inversely to its price, hovered around -0.508 percent, the long-term 30-year yield rose 1 basis point to -0.023 percent and the yield on short-term 2-year suffered nearly 2 basis points to trade at -0.706 percent by 11:20GMT.
Another big risk off bout sent the S&P500 down 3 percent overnight and the 10-year UST bond yield to a fresh record low of 1.31 percent after the US CDC warned Americans to prepare for a Covid-19 outbreak, OCBC Treasury Research reported.
Notably, Nasdaq has also erased year-to-date gains. Whilst the WHO has warned of growing covid-19 risks, Fed’s Claudia still opined it is too soon to determine if the virus poses a material change to the US outlook, the report added.
Meanwhile, the German DAX lost over 1 percent to 12,642.16 by 11:30GMT.


Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 



