Negative yields on long-term European government bonds took financial markets by storm earlier this year but are starting to fade away as investors express renewed optimism about global economic growth.
The yield on 10-year bonds issued by the French and Belgian governments turned positive Thursday for the first time since mid-July. Other European countries that experienced negative long-term rates for the first time, including Ireland, Spain and Portugal, have also returned to positive territory in recent weeks.
Meanwhile, yields on 10-year German bunds, while still negative, hit their highest level since the middle of July, according to Tullett Prebon data, yielding minus 0.285% on Thursday. The yield on comparable Irish debt reached 0.104%, its highest level

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