Treasury yields fall as oecd cuts growth forecasts and deflation hits switzerland
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Global government bond yields are lower amid concerns about slowing economic activity and signs of lower inflation. Yields for U.S. Treasurys, German bunds and U.K. gilts, all of which move
inversely to bond prices, are slipping between 3 and 5 basis points after an economic think tank revised its growth forecasts lower. The Organization for Economic Cooperation and Development
on Tuesday cut its 2025 global growth forecast to 2.9%, down from 3.1%, and slashed its U.S. growth forecast to 1.6% from 2.2%.