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Published on Wednesday, January 2, 2019 | Updated on Thursday, January 3, 2019

Market Comment | Sharp drop in core yields as investors flee risk assets

Markets have started 2019 on the wrong foot, as doubts about China’s economy added to the already deteriorated environment in which the market ended 2018. The release of worse-than-expected confidence indices for China extended the risk-off mood in markets as it increased the odds of a potential global slowdown, triggering demand for safe-haven assets across the board.