The risks of a slowing global economy and potential deflation remain at the center of traders’ attention, as government bond yields see fresh lows. The selling began when Japan said gross domestic product grew at an annualized rate of just 0.4% in the second quarter, much less than the 2.3% growth forecast by economists. Japanese 10-year bonds fell to their lowest yield since 2003.
Investors pull back from risk assets after Japan data
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