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German government bond yields tumbled as former U.S. President Donald Trump threatened 50% tariffs on EU goods, sending the 10-year Bund yield down 7bp to its lowest since May 9; markets now price in deeper ECB rate cuts amid escalating trade tensions.
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German Bund Yields Plunge as Trump Threatens 50% Tariffs on EU—10-Year Falls 7bp
German government bond yields tumbled as former U.S. President Donald Trump threatened 50% tariffs on EU goods, sending the 10-year Bund yield down 7bp to its lowest since May 9; markets now price in deeper ECB rate cuts amid escalating trade tensions.
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