German bond yields turn negative as investors seek post-Brexit safety

PARIS: German government bond prices rose sharply on Friday as money poured in from investors seeking safety after Britain voted to leave the European Union.

This pushed the yield on the benchmark 10-year German government bond into negative territory for only the second time in its history, to -0.14 percent.

Yield differentials across the eurozone, known as spreads, widened, with yields rising in the currency bloc's weaker southern economies.

The Greek government bond yield rose to 9.4 percent early Friday, traders said.