European Stocks Slide While Geopolitical Tensions Rise
President Donald Trump increases his rhetoric towards North Korea
European investors were flocking towards safe haven assets Friday morning as stocks sank after President Donald Trump increased his rhetoric towards North Korea
The price of German Bunds, which was is considered Europe's premier safe haven asset - reached a six-week high Friday. The 10-year Bund yield was down to 0.3790 at 10.55 am in Frankfurt. A bond yield falls when price increases.
U.K. government bond yields were also down Friday morning, with 10-year Gilts yields at 1.0410. Meanwhile the U.S. 10-year Treasury yield was down to 2.1906.
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