(Bloomberg) -- European government bonds advanced as
investors sought the safety of fixed-income debt following an
attack on the U.K.'s Glasgow International Airport and two
attempted London car bombings.
The yield on 10-year German bunds, Europe's benchmark, fell
to a three-week low, as the U.K. Home Office raised its terrorist
threat assessment to ``critical,'' the highest level, meaning an
attack is expected imminently. Bonds were also underpinned by
coupon payments by the Italian and German governments due this
week, which investors tend to reinvest.
Read more at Bloomberg Bonds News
investors sought the safety of fixed-income debt following an
attack on the U.K.'s Glasgow International Airport and two
attempted London car bombings.
The yield on 10-year German bunds, Europe's benchmark, fell
to a three-week low, as the U.K. Home Office raised its terrorist
threat assessment to ``critical,'' the highest level, meaning an
attack is expected imminently. Bonds were also underpinned by
coupon payments by the Italian and German governments due this
week, which investors tend to reinvest.
Read more at Bloomberg Bonds News
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