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Global Stocks Tumble After China Pushes Yuan Lower Again

London: Markets around the world fell for a second day on Wednesday, with stocks, the dollar and emerging market currencies all under pressure after China pushed the yuan lower again overnight, boosting the appeal of top-rated government bonds. Germany's 2-year yield fell to a new record low of -0.29 per cent as investors feared the deflationary pressures of a slowdown in China - which devalued its currency on Tuesday - would sap gr...
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