Investing.com – Deutsche Bank (DE:DBKGn) Friday hit fresh all-time lows sparking a flight to safe-haven assets.
Deutsche Bank was down over 9% at a 1992 low of €9.900 after sharp losses overnight on Wall St.
Some 10 hedge funds have reportedly reduced their exposure to the global bank.
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Concerns about banks as a whole sparked a flight to safe haven assets.
The Bund yield fell to minus 0.155%, the 10-year Treasury to 1.543%.