Worries over China, Brexit push Treasury yields to record low

By Marc Jones LONDON (Reuters) – Investors pushed U.S. government bond yields to an all-time low and the yen sharply higher on Tuesday, as soft data from China added to worries about the impact of Britain's vote to leave the European Union.  As a fresh wave of uncertainty ripped through markets, Swiss bond yields turn negative all the way out to 50 years on bets that the world's major central banks will have to wade in with yet more stimulus. European shares lost more than 1 percent in early trade, with China's data hitting commodity-linked firms and the banking sector dented by worries over a near 60-percent slump in Italian bank shares this year. The safe-haven yen rose almost one percent against the euro and dollar , while Brexit-battered sterling hit another 31-year low after soft UK economic data.

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Worries over China, Brexit push Treasury yields to record low