SPREAD BTWEEN US AND GERMAN BOND YIELDS WIDENED
ON ONE HAND SEARCH ABOUT STIMULUS PACKAGES WHICH LED TO INCREASE THE SUPPLY OF BOND,THUS INCREASE IN THEIR YIELDS
ON TH OTHER HAND GERMANY‘S BOND WHERE THE SUPPLY HAS BEEN LOW IN RECENT YEARS OF BUDGET SURPLUS ALONGSIDE BUYING BY THE ECB FOR QUANTITATIVE EASING MEANS THERE ARE LONG TERM STRUCTURAL FACTORS PUSHING YIELDS LOWER