Bund Future current: price gains despite the gloomy mood on the stock exchanges and the ECB announcement

German federal bonds are recording significant price gains, which is leading to falling capital market interest rates. This is encouraged by the fall in oil prices. The gloomy mood on the stock exchanges is also driving investors into safe securities such as federal bonds. In addition, ECB President Christine Lagarde announced that the Monetary Policy Council would deal with the Corona bond program PEPP in the near future.

According to a report by www.wallstreet-online.de,

The price gains for federal bonds led to a decline in the yield on ten-year federal securities to 2.42 percent, the lowest level since the beginning of August. This decline is supported by inflation data from Spain and the German federal states, which point to a further weakening in price inflation.

The BUND Future is currently trading down -0.16% at a price of EUR 132.5. This decline in the BUND Future shows that investors continue to prefer safe securities and, accordingly, the yield on federal securities could fall further.