The prices of US Treasuries were mixed on Friday. However, most of them picked up again after several days of losses. Only the 30-year bonds gave way.
A generally somewhat gloomy mood in the financial markets after disappointing economic data from China and concerns about a second wave in the corona pandemic have supported fixed-interest rates somewhat, according to market observers. The US economic data on that day, however, hardly provided any impetus because they were mixed. Analysts were positive on both US retail sales in July and the revised June estimates, as well as the renewed increase in industrial production over the same period. “However, the capacity utilization still indicates that it will take time before the pre-crisis level is reached again,” said analyst Patrick Boldt from Helaba.
Two-year bonds rose 1/32 of a point to 99 30/32 points and returned 0.15 percent. Five-year bonds gained 4/32 points to 99 26/32 points. They yielded 0.30 percent. Trend-setting ten-year government bonds rose by 5/32 points to 99 7/32 points and returned 0.70 percent. Long bonds with a term of 30 years turned into the red and lost 11/32 points to 98 13/32 points. They yielded 1.44 percent.
NEW YORK (dpa-AFX)
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