NEW YORK (dpa-AFX) – US government bonds were unable to defend their positive start to the week on Monday. In return, the yield on ten-year government bonds rose from its daily low of 3.521 percent to as high as 3.625 percent. Yields thus recovered further from their low for three months in the middle of the previous week.
First of all, the eyes on Tuesday will be on new inflation numbers. The US Federal Reserve announced its interest rate decision on Wednesday. It is expected that the monetary watchdogs will fight the high inflation with a little less effort and raise their key interest rates more moderately than in the past few months./bgf/jsl/ag/men