Euro Zone Bonds Rise as AI Concerns Drive Safety Demand
Euro zone Bund yields fell to multi-week lows on Thursday after stocks sold off amid AI concerns, prompting investors to seek government debt. French and Italian spreads over Germany tightened.
By Stefano RebaudoEuro zone benchmark Bund yields hit multi-week lows on Thursday after stocks sold off on AI concerns, driving investors into the safety of government debt.French and Italian bond spreads over Germany tightened, suggesting the rally was not driven solely by a flight to safety.The m…