German Bonds Rise on Deposit Cap; Stocks Fluctuate: Markets Wrap

News Snapshot:

(Bloomberg) — Short-term German bonds rose as the central bank said it would stop paying interest on domestic government deposits, spurring a dash for higher-yielding bills. Most Read from Bloomberg Global stock trading was mixed, with US futures ticking higher and Europe trading little changed. Wheat prices rose after a drone attack on a Russian oil tanker prompted a fresh wave of missile strikes by Moscow over the weekend. The yield on Germany’s two-year notes fell as much as six basis points to 2.95% after the Bundesbank said late Friday it will remunerate domestic government deposits at 0% from October...