Global Stocks Slip, German Bonds, U.S. Treasuries Up
On poor economic data from Europe
World shares slipped while safe-haven German bonds and U.S. Treasuries rose on Wednesday as poor economic data from Europe rekindled concerns about the health of the global economy.
However, the euro rose after European Central Bank policymaker Ewald Nowotny said the exchange rate was not a concern, contrasting with the head of the region's top financial committee, the Eurogroup, who said it was too strong.
Hide Comments (0)
Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.
Please
to post commentsMute this user?
Ban this user?
Un-ban this user?
Nuke this user?
Un-nuke this user?
Flag this comment?
Un-flag this comment?