Bonds set milestones / Commentary on the development of the bond market by Kai Johannsen
Frankfurt/M. (ots) – The year 2023 started extremely well for the bond players – historically well, one has to say. Milestones were set in the very first trading days of the new year. The yield on ten-year Bunds fell by around 40 basis points in the first week of trading, making it the best week at the start of the year for Bunds since 1977. Never before have ten-year Bunds seen sharp declines in yields and thus price gains in the first week of trading book. The emerging markets set the next milestone. Government addresses and companies from the area of emerging economies took advantage of the good mood on the market and brought debt securities in the first five trading days, the total volume of which totaled around 28 billion dollars.
Achieved weekly record
