Global bond rates review

Bonds are again darling of investors as selloffs that battered global markets last Monday, seem to have resumed. Investors are running to the safety of fixed income dumping stocks.

US 

• US 2 year yield after rallying yesterday, down over haven buying by -1.86%, trading at 0.72%.
• Similarly 5 year yield is down -3%, trading at 1.50%.
• 10 year yield is down -1.51%, trading at 2.18%

Germany -

German bonds are considered as European benchmark.

• German 2 year yield after rising yesterday, continued today. Up 4.43% and trading at -0.19%.
• On the contrary, German 10 year yield is down -2.13%, trading at 0.77%.

UK

• UK yields are consolidating. UK 2 year yield is down marginally -0.44%, trading at 0.68%.
• UK 5 year yield is down -0.86%, trading at 1.37%.
• UK 10 year yield is down -1%, trading at 1.942%.

With shorter end of the curve ahead of key counterparts, Dollar is likely to remain bid heading into September FOMC.