Normally, when the Fed starts loosening policy it does so amid clear-cut signs of economic weakness.Economyread more
Wall Street economists are anxiously awaiting Wednesday's FOMC meeting.Marketsread more
More and more American firms are calling for the Trump administration to resolve its conflict with China.World Economyread more
CNBC's Jim Cramer connects the dots by reasoning that if the president were to act he would pick a replacement for Powell that would do his bidding.Economyread more
Shoppers are "very nuanced in their expectations," Ron Johnson, the former CEO of J.C. Penney and the former senior vice president of Apple's retail division, said at CNBC's...Evolveread more
Facebook has given us plenty of reasons to quit, including a new report that talks about the disgusting working conditions of a company it uses to employ contractors, named...Technologyread more
This just might be Fed Chair Jerome Powell's toughest meeting yet, because whatever the outcome, odds are high that it will disappoint a large group.Market Insiderread more
Facebook is leading the FANG stocks this year, and Miller Tabak's Matt Maley foresees more upside.Trading Nationread more
All trains traveling in and out of New York Penn Station have been halted because of an Amtrak overhead wire issue, New Jersey Transit said Wednesday.Transportationread more
American Airlines is ordering Airbus' new A321XLR, according to a source familiar with details of the agreement.Paris Air Showread more
Tesla shares are nearing Morgan Stanley's price target but the firm isn't sure how to tell investors to value Elon Musk's company.Investingread more
* 30-year bond yields rise as risk appetite fights back
* But demand for bonds still strong
* German Bund yield remains close to record low (Updates prices, adds detail on Italy)
LONDON, June 11 (Reuters) - Euro zone government bonds were lifted from multi-year lows on Tuesday, as a pickup in risk sentiment globally appeared to put a dent in a stellar fixed income rally.
Thirty-year bond yields in Germany and France rose 4-5 basis points each in a second straight day of sharp rises. .
Worries about a bitter trade war and recession risks have pushed investors into even longer-dated bonds in recent weeks.
But a U.S. decision to hold off from imposing import tariffs on Mexico at the end of last week has brought some relief to world markets, lifting stocks.
Speculation about U.S. rate cuts has also bolstered sentiment in stock markets.
France's 30-year bond yield was trading at 1.1%, almost six bps above more than 2-1/2 year lows hit last week.
"It clearly points towards very lop-sided positioning that is being washed out," said Christoph Rieger, head of rates and credit research at Commerzbank, referring to the rise in longer-dated bond yields.
"And that started yesterday where a correction was triggered by modest risk on."
European stocks were broadly firm while U.S. stocks opened higher, edging back towards record territory. The Dow Jones Industrial Average rose 0.45%.
Still, analysts viewed the move in bonds as a "correction" rather than a change in trend for a market that has seen huge fund inflows this year as investors brace for an increasingly bitter trade war and its repercussions for the world economy.
And some 10-year euro zone bond yields edged lower, keeping recent lows within sight, in a sign that investor pessimism remains entrenched.
U.S. President Donald Trump said on Monday he was ready to impose another round of punitive tariffs on Chinese imports if he cannot make progress in trade talks with China's president at a Group of 20 summit later this month.
Germany's 10-year bond yield dipped to minus 0.23% - holding near last week's record lows. Dutch 10-year bond yields remained in negative territory.
"You have to be long globally on fixed income," said Said Haidar, chief investment officer at Haidar Capital. "That move is not done yet. The global data just keeps on going down."
Meanwhile Italian government bond yields fell across the curve despite comments from European Commission president Jean-Claude Juncker that Italy was "moving in an unsound direction" and risked getting into the EU's so-called excessive deficit procedure.
Italy's 10-year government bond yield was heading back down towards its lowest level in a year, and was at 2.311% .
(Reporting by Dhara Ranasinghe; Editing by Catherine Evans, Susan Fenton and Toby Davis)