Suche
Mein Konto
US Treasury bonds are falling after surprisingly weak US economic performance
US bonds are falling slightly according to US economic data. Experts analyze the influence on key interest rate cuts and inflation. Current developments on the labor market.
US Treasury bonds are falling after surprisingly weak US economic performance
US Treasury bond prices fell following the release of data on US economic performance. The futures contract for ten-year bonds (T-Note Future) fell by 0.35 percent to 107.36 points, while the yield on government securities with this term rose to 4.71 percent.
The economic data from the USA showed that the economy surprisingly lost momentum at the beginning of the year. Gross domestic product rose by an annualized 1.6 percent in the first quarter compared to the previous quarter, compared to significantly stronger growth in the fourth quarter of the previous year.
Experts like Tobias Basse from NordLB see these figures as potential arguments for an accelerated reduction in key interest rates. However, the inflation figures recorded in the GDP survey raise concerns. The GDP price deflator points to higher inflation again in the first quarter, which could potentially worry the Federal Reserve.
At the same time, published data signals continued robust development on the US labor market: Last week, the number of initial applications for unemployment benefits in the United States surprisingly fell.