The prices of German government bonds are on
Tuesday dropped. The bonds have theirs throughout the day
Exchange losses continue to widen. The one for the German
Bond market trend-setting Euro Bund future fell
most recently by 0.91 percent to 170.30 points. The ten-year return
In return, government bonds rose 0.11 percentage points to minus
0.32 percent. The prices of almost all government bonds from the euro zone
have decreased more or less.
There is hope for a gradual waning of the corona pandemic
created more confidence in the financial markets. As sure
applicable government bonds were therefore less sought after. Last there was
first signs of a slight relaxation of the virus crisis in
European countries particularly hard hit by the pandemic
are. So in Italy the number of new infections on the
lowest since March 13. Schleswig-Holstein
Prime Minister Daniel Günther (CDU) also raised hope
gradual loosening of the corona pads after Easter. “We
So soon begin a phase where we are likely to
make certain social things possible again, “said Günther
the weekly newspaper “Die Zeit”.
The European Central Bank (ECB) wants Greek government bonds
Accept as collateral in their refinancing operations. The
The ECB had not previously accepted Greek bonds. The credit rating
the country has been junked by all major rating agencies
rated. However, the rating agency has its grades in the
past years raised. At the decision of the ECB
Greek bond prices barely responded. Greek
Bond prices had previously bucked the trend in the euro area
increased.
The focus is now on the deliberations of the EU finance ministers on a
common answer in the Corona crisis. Federal Finance Minister Olaf
Scholz relies on an agreement consisting of crisis aid from the
Rescue fund ESM, the European Investment Bank and the
EU commission. The controversial corona bonds are rejected by the
Federal government so far. For such bonds, the
Member States are jointly liable. For the evening there will be an explanation
the finance minister expects./jsl/he
ISIN DE0009652644
AXC0374 2020-04-07 / 18: 58
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