FRANKFURT (dpa-AFX) – German government bonds fell in price at the start of trading on Tuesday. In the morning, the trend-setting futures contract Euro-Bund-Future fell by 0.20 percent to 133.25 points. In return, the yield on ten-year Bunds rose to 2.43 percent. Yields also rose moderately in other major euro countries in the morning.
In the morning, the Munich Ifo Institute will publish its monthly survey results among German companies. Business sentiment is eagerly awaited as a similar survey by S&P Global came in very weak the previous day. The data had led to significant price gains on the bond market. The expectations of many economists, who are assuming an economically gloomy second half of the year, were also confirmed./bgf/jha/
