Tag Archives: USTB

Bonds rallied again yesterday on both sides of the Atlantic.

The German 10-year yield briefly visited the sub-0.80% territory again yesterday,

German yields edged slightly down yesterday (10-year yield by 1bp) in rather quiet trading,

German bonds surrendered early gains to end with some losses yesterday, while US Treasury yields saw a bigger upward move.

US Treasuries rallied in earnest on Friday, as more solid job growth was not enough to hurt bonds in the absence of wage pressures.

After some ups and downs during and following the ECB press conference (see more below), German yields ended the day roughly unchanged.

Core bond yields climbed a bit yesterday, with the German 10-year yield ending the day higher by 2bp and

German bonds rallied in earnest yesterday, with the 10-year yield falling by 5bp and the curve bull-flattening,

Core bonds erased early gains and yields finally ended the day higher.

German bond yields ended the day slightly down on Friday and the curve steepened some (10-year yield down by some half a bp),