Anleihemarkt: Turbulenzen halten an: Rendite des zehnjährigen US-Bonds klettert über 5,0 Prozent
Es ist erst das zweite Mal seit der Finanzkrise, dass die Rendite der Benchmark-Papiere diese Marke überschreitet. Muss sich der Markt auf ein neues „Anleiheregime“ einstellen?
Market turbulence persists this week, with the yield on the benchmark 10-year US Treasury bond climbing above 5.0 percent on Monday. This marks the second time since the 2007 financial crisis that the benchmark bond has reached this level, previously occurring on a single day in October 2023. The increasing yields indicate a continued upward trend, even as the US Department of the Treasury attempts to boost the purchase of long-standing US bonds to stabilize the bond prices and curb the yield surge driving up government borrowing costs.
In an effort to stabilize bond prices and stabilize the yield increase, the US Treasury announced this past week that it would buy three times as many long-standing US bonds as initially planned, totaling six billion dollars in purchases. The trigger for the renewed sell-off of US Treasury bonds was the recent rise in oil prices at the beginning of the week due to concerns over a prolonged closure of the East-West pipeline in Saudi Arabia.
Brent oil, a North Sea crude type, rose by nearly four percent to nearly $110 per barrel on Monday as delivery is scheduled for November.
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