The German bunds slumped during European session Friday, following the wave of global debt market fall after the United States’ Treasuries, tracking the better-than-expected rise in the June consumer price inflation (CPI), that led to hopes of a recovery in the world’s largest economy.
The German 10-year bond yields, which move inversely to its price, jumped 1-1/2 basis points to -0.249 percent, the yield on 30-year note surged 2 basis points to 0.395 percent and the yield on short-term 2-year traded flat at -0.724 percent by 11:15GMT.
In May compared with April, seasonally adjusted industrial production rose by 0.9 percent in the euro area (EA19) and by 0.8 percent in the EU28, according to estimates from Eurostat, the statistical office of the European Union.
In April, industrial production fell by 0.4 percent in the euro area and by 0.6 percent in the EU28. In May 2019 compared with May 2018, industrial production decreased by 0.5 percent in the euro area and increased by 0.4 percent in the EU28.
Meanwhile, the German DAX traded flat at 12,333.93 by 11:20GMT


Gold Prices Steady as Hormuz Tensions Fuel Fed Rate Concerns
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Australia Trade Surplus Returns in June as Iron Ore, Coal and LNG Exports Surge
Gold Prices Surge 7% as Dollar Falls, Fed Rate Hike Bets Ease
US Dollar Gains as Iran Tensions, Fed Rate Hike Bets Rise
Oil Prices Slip as Hormuz Shipping Progress and Rising U.S. Crude Stocks Weigh on Market
US Dollar Falls as Weak July Jobs Report Dents Fed Rate Hike Bets
Singapore Says One-Third of U.S. Exports Hit by New 12.5% Tariff
Asian Currencies Hold Steady as US Dollar Nears Seven-Week Low Ahead of Key Jobs Data 



