Frankfurt (dpa -AfX) – The courses of German federal bonds recovered from their previous loses on Wednesday. The directional schedule of the Euro-Bund-Future made up 0.08 percent to 128.21 points. In return, the yield of ten -year -old federal bonds fell to 2.79 percent.
On Tuesday, the increase in the IFO business climate index caused a good mood on the stock market and thus reduced the demand for the state documents that are considered safe. In the middle of the week, however, the mood on the stock exchanges clouded, so that bonds were asked again.
The bonds were also supported by rather disappointing economic news from individual countries Euro zone. So the consumer confidence in France surprisingly clouded. The economy of Spain also grew slightly less than previously known at the end of 2024.
In Great Britain, the returns came under particularly clear pressure; The bond courses attracted accordingly. The inflation rate in the country was surprisingly decreased in February. In addition, the core rate, in which prices for energy and food are calculated, weakened more clearly than expected. The British central bank could now be confirmed to further reduce the key interest rate in May after the break in March./La/jsl/mis