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LONDON: Germany's 10-year government bond yield fell to a record low on Friday as a vow by US President Donald Trump to slap tariffs on Mexican goods heightened world recession fears.

The yield on Germany's 10-year bonds, regarded as one of the safest assets in the world, tumbled over 3 basis points to minus 0.205pc.

That pushed past a previous record low hit in July 2016 -- just after Britain's decision to leave the European Union rattled world markets.

Yields on French and Dutch bonds also hit fresh lows .

Copyright Reuters, 2019

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