Global bond markets have been highly volatile due to new US trade tariffs, prompting investors to seek safe-haven assets such as German bonds

On Wednesday, global bond markets were hit by volatility after US President Donald Trump imposed new trade tariffs. Investors turned to German sovereign debt and US Treasuries sold off heavily, pushing yields higher. In Europe, long-term borrowing costs rose, especially in the UK, where yields hit historic highs. Germany was seen as a safe haven as investors worried about unpredictable US policies and their impact on the global economy.