NEW YORK (dpa-AFX) – US government bonds recovered somewhat from their recent losses on Wednesday. The futures contract for ten-year Treasuries (T-Note Future) recently rose by 0.13 percent to 119.27 points. The yield on ten-year government bonds fell to 2.89 percent. It moved away from the highest level since the end of 2018, which was 2.98 percent the day before.
Brsians spoke of a counter-movement after the significant price losses since the beginning of March. In general, however, the markets are still under pressure. Finally, inflationary pressures persist.
In the course of trading, the economic report from the US Federal Reserve comes into focus. It could provide an indication of how well the US economy is coping with rising interest rates. The Fed has already raised interest rates to combat high inflation and has signaled further steps./la/jsl/jha/
