The German bunds slumped during European session Tuesday ahead of the country’s Ifo business climate index for the month of December, scheduled to be released on December 18 by 09:00GMT and the eurozone’s November consumer price inflation (CPI), due on the same day by 10:00GMT.
The German 10-year bond yield, which move inversely to its price, lost 1 basis point to -0.281 percent, the yield on 30-year note suffered 1-1/2 basis points to 0.237 percent and the yield on short-term 2-year too traded 1 basis point down at -0.637 percent by 10:25GMT.
Despite the upbeat outlook from ECB last week, the December flash PMI shows that Euro Zone manufacturing sector remained weak. The manufacturing PMI slipped to 45.9 from 46.9 in November, OCBC Treasury Research reported.
On the positive side, service PMI rebounded to 52.4 from 51.9 beating market expectations. Nevertheless, in the US, the flash December composite PMI increased to 52.2 from 52 led by service PMI, the report added.
Meanwhile, the German DAX edged tad -0.60 percent lower to 13,324.70 by 10:30GMT.


South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 



