Asia Unhedged | Germany’s DAX slightly down with rise in bond yields
Traders walk past German DAX Index board. Photo: Reuters, Ralph Orlowski
Traders walk past German DAX Index board. Photo: Reuters, Ralph Orlowski
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Germany’s DAX slightly down with rise in bond yields

Real estate fared the worst, followed by industrials.

March 11, 2017 1:26 AM (UTC+8)

Germany’s DAX Index was down marginally after the spike in German bond yields, with real estate showing the worst decline, followed by industrials. Banks rose sharply, with Commerzbank gaining 5.83% and Deutsche Bank up 2.13%. Banks benefit from higher interest rates.

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