German Bunds became the first choice for safe havens, with yields falling 0.2 percentage points

According to ChainCatcher, German government bonds have emerged as the top safe-haven asset amid a global bond sell-off due to concerns about an overheating U.S. economy and fiscal conditions in other parts of Europe. For the week, 10-year German Bund yields fell 0.2 percentage points, while yields in countries such as the United States and France rose 0.05 and 0.22 percentage points respectively.