European Government Bonds Gain as Stock Losses Spur Demand for Safe Assets

(Bloomberg) -- European two-year notes advanced,
snapping a three-day losing streak, as investors turned to the
safest assets after a slide in China's stock market pushed Asian
and European equity markets lower.

Benchmark two-year note yields slipped from their highest in
five years after the Chinese government's lifting of a tax on
share trading sent the country's CSI 300 Index of shares to its
biggest loss in three months. Asian equity markets fell, and
national benchmarks all 17 western European markets followed.


Read more at Bloomberg Bonds News