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Standard Chartered PB: Government bonds have priced in “too much pessimism”

Standard Chartered Private Bank believes government bond yields could rebound as the asset class has priced in “too much pessimism”. “Declining inflation in the US and a dovish tone from the ECB have dragged 10-year US Treasury and German bund yields lower,” the private bank said. “10-year US Treasury yields are currently close to a key technical level of 2.62%….

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