|Bid||0.000 x 410300|
|Ask||0.000 x 177800|
|Day's Range||19.115 - 19.885|
|52 Week Range||11.015 - 21.690|
|PE Ratio (TTM)||-3.37|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Southern European government bonds underperformed on Monday after an unexpectedly weak election result for Germany's Angela Merkel led to concerns about the emergence of a more hardline stance towards the euro zone in the bloc's largest economy. Some also said the German result could complicate the European Central Bank's policy path as it looks to scale back its monetary stimulus programme, which has driven down borrowing costs since its launch in 2015. The concerns come a day before French President Emmanuel Macron is due to announce his proposals for European Union reforms in a speech in Paris.
Germany's Angela Merkel began the tough task of trying to build a government on Monday after securing a fourth term as chancellor, urging the centre-left Social Democrats not the shut the door on a re-run of their "grand coalition". Damaged by her decision two years ago to allow more than one million migrants into Germany, Merkel's conservative bloc secured 33 percent of the vote, losing 8.5 points -- its lowest level since 1949.
Germany's Green party said on Monday one of its main conditions for participating in any future coalition government will be ensuring that Europe's biggest economy fulfills its obligations as part of the ...