Tag Archives: USTB

German bond yields edged lower on Friday in low-volume trading, as the US markets were on holiday.

Bonds initially took a beating yesterday after strong gains in US payrolls (see more below), but the moves moderated later.

The much stronger than expected US ADP jobs pushed safe haven bond yields clearly upwards. 10-year US Treasury yield jumped 6bp to 2.63%,

US equity markets inched to new highs with the ok US and Chinese data and the US 10-year Treasury yield jumped 5bp to 2.57%.

German bond yields fell yesterday, as did US yields, but the moves were quite limited. The German 10-year yield ended the day lower by some 2bp,

German bond yields rebounded a bit higher on Friday on the back of higher-than-expected German inflation numbers,

Souring risk sentiment sunk equity markets and supported government bonds. Smaller than expected increase in US consumer spending,

Bonds rallied on both sides of the Atlantic, but especially in Germany, while more bull-flattening was seen.

German bond yields ended yesterday with very limited moves, but US bonds rallied towards the evening despite positive economic data,

German bond yields fell and the curve bull-flattened yesterday, as Euro-zone PMIs disappointed. Longer US yields, however, ended the day higher, as US data looked much better.

German bond yields edged higher on Friday, while longer US yields ended the day slightly down.