Investing.com - U.K. 10-year bond yields fell to an all-time low on Monday, as growing anxiety over the prospect of the U.K. exiting the European Union left investors scrambling for safe haven assets.
U.K. 10-year bond yields fell 2.6 basis points, or 2.11%, to trade at 1.209% by 09:05GMT, or 5:05AM ET, after hitting a session low of 1.206%, the lowest level on record.
Jitters ahead of Britain's June 23 referendum on European Union membership mounted after U.K. polls over the weekend suggested momentum for the campaign to leave the bloc is gaining momentum.
Meanwhile, German 10-year bonds stood at 0.018%, down 0.4 basis points, or 14.29%, not far from Friday’s record low of 0.009%.
Elsewhere, the yield on U.S. 10-Year Treasurys slipped 1.8 basis points, or 1.07%, to hit 1.621%, the lowest since February 11.
In the currency market, the pound and the euro fell to their lowest level since 2013 against the yen as worries over a U.K. referendum on European Union membership next week took hold.
European stock markets traded sharply lower, hovering around the lowest level in three weeks. Across the Atlantic, U.S. stock futures pointed to a lower open, with this week’s Federal Reserve policy meeting and looming Brexit vote in focus.