Most euro zone government bond yields edged down on Friday as fresh frictions in the Middle East and a cut in a key Chinese lending rate bolstered demand for fixed income.
Iran warned U.S. President Donald Trump on Thursday against being dragged into war after an attack on Saudi Arabian oil facilities that Washington and Riyadh blame on Tehran.
China meanwhile cut a key lending rate for the second straight month on Friday, a move that follows a U.S. rate cut on Wednesday and last week’s reduction by the European Central Bank.
Uncertainty also remains high on the trade and economic growth front. U.S…