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US-Staatsanleihen: US-Anleiheauktion: Starke Nachfrage bremst den Renditeanstieg

Die Rendite langjähriger US-Staatsanleihen stieg zeitweise auf den höchsten Stand seit 2002. Hohe Ölpreise und die Zinspolitik verstärken den Druck. Investoren verschaffen eine Atempause.

US-Staatsanleihen: US-Anleiheauktion: Starke Nachfrage bremst den Renditeanstieg

In New York and Düsseldorf, the U.S. Department of the Treasury sold $39 billion worth of 10-year government bonds on Wednesday, receiving more demand than anticipated. The buyers accepted a yield of 5.30%, which was less than the market had been demanding as the auction approached. Consequently, yields reversed part of their sharp rise.

In the morning, the yield of 10-year bonds had climbed to around 5.35%, the highest level since 2002. Similarly, the yield of 30-year bonds had reached over 5.7%, also a level not seen since 2002. Even after the auction, this yield also fell back. However, this is not a relief signal for market strategists. With new Iranian attacks on ships in the Hormuz Strait driving up the price of Brent oil to over $102 per barrel, Evelyne Gomez-Liechti, an investment strategist at Mizuho International, told the Bloomberg news agency that "we remain of the view that the market is torn between appealing yields and an oil dynamic that simply refuses to relent."

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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