Core euro zone bond yields hit record lows ahead of German ZEW survey Aug 14, 2019 0 176 12345 ReutersLONDONEuro zone government bond yields dipped on Tuesday, with Germany’s 10-year benchmark reaching new lows as a range of concerns from uncertainty over Brexit to political turmoil in Italy drive investors into safe-haven assets.A survey of business sentiment in Germany is expected to add to a dismal image of the bloc’s largest economy. The ZEW survey’s expectations measure is forecast to be its worst since 2011.“Given all the negative news in recent days and weeks it looks like there could be another major drop,” said Daniel Lenz, rates strategist at DZ Bank.“The ZEW index hasn’t been the most important but this time everyone is very nervous and looking at all kinds of data.” Ten-year German government bond yields fell to -0.613% in early trade, while its 30-year notes outperformed and were down four basis points at -0.135%, very close to all-time lows ,.Economic woes and expectations of more monetary easing are pushing down bond yields globally. Japanese 10-year yields hit three-year lows.There are now nine sovereigns with 10-year bonds that trade at market prices implying a negative yield to maturity. The nominal stock of government debt with negative yields is about $15 trillion, said Fitch in a note on Monday.Italian yields were down up to six basis points across the curve, falling for the second straight trading day after sharp rises seen on Friday on a call from League leader Matteo Salvini to dissolve the government. Pages 123 POST A COMMENT RELATED ARTICLES Indian auto sector witnesses sharpest decline in 19 years Aug 14, 2019 0 427 Foxconn Q2 profit falls less than expected Aug 14, 2019 0 200 Google’s jobs search draws antitrust plaints from rivals Aug 14, 2019 0 333 US inflation jumps in July pushed up by housing, energy AFP Washington Rising energy, housing and medical costs pushed US consumer inflation higher in July, which showed the trade war having some impact, according to government data released Friday. The increase was ..