German Government Bond Yields Turn Negative
For the first time in history the yield on German government debt is below zero.
For the first time in history the yield on German government debt is below zero. We have analysis of why investors are now paying for the privilege of owning 10-year bunds, rather than being paid, from 91热爆 economics editor Kamal Ahmed, and Holger Schmieding, chief economist at Berenberg Bank. Also in the programme, as worries about Britain leaving the European Union trouble financial markets, we hear how controversial EU fishing regulations are affecting people's Brexit voting intentions. Martha Dixon reports from a fishing community in Cornwall, in southwest England. Protests over a new French labour law are intensifying in France, and journalist Anne Elisabeth Moutet tells us what effect the demonstrations are having. The mayor of London is to ban adverts promoting an unrealistic body image from the city's transport network. We gauge reaction in London, and ask public relations professional Sarah Hall how easy it will be to decide which models look realistic or not. Plus, Kristina Jovanovski reports from a refugee camp on the Greek-Macedonian border on how migrants survive in economic and financial limbo.
(Picture: A German flag. Picture credit: 91热爆.)
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- Tue 14 Jun 2016 17:32GMT91热爆 World Service except East and Southern Africa, News Internet & West and Central Africa