Wall Street: Ist die Zinsangst zurück? US-Börsen öffnen deutlich im Minus
Am Mittwoch können die Börsen nicht an ihre Rally anschließen. Im Fokus stehen die US-Anleiherenditen sowie die Protokolle der vergangenen Fed-Sitzung, die am Abend veröffentlicht werden.
Wall Street's mood took a downturn in the middle of the week. Nvidia had managed to bring the US stock markets to new records the day before. The Dow Jones of blue-chip stocks opened 0.9 percent lower at 51,059 points. The broader S&P 500 fell 0.6 percent to 7,774 points. The technology-focused Nasdaq dropped 0.9 percent to 27,359 points.
The Nasdaq 100, representing the 100 largest non-financial companies by market capitalization, opened at 30,933 points, a 0.9 percent decline. The anxiety returned to the markets on Wednesday. The yields for long-term US government bonds hit their highest level in 24 years. The yield on 30-year bonds rose by six basis points to 5.70 percent on Wednesday.
An auction of US government bonds took place in the evening. The US Treasury Department sold securities amounting to 39 billion dollars. Such auctions reveal the interest rate at which investors are willing to lend money to the government. High bond yields shift the weighting of bonds and stocks in investors' portfolios, as they make bonds more attractive.
This movement was observed more frequently in recent weeks, as bond yields continued to rise to high levels. At the same time, high energy prices and the resulting concern about continued high inflation dampened euphoria in the markets.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
