2022/01/07 / Erste Group Research |
Unease on bond markets The new year began with selling pressure on the bond markets. Yields on 10-year maturities rose by 10bp in Germany and by as much as 20bp in the US. New record numbers of COVID-19 infections in the US were probably the first trigger. On Wednesday, the minutes of the last FOMC meeting in mid-December were published. It showed that the US Fed's monetary policy setting body has started to think about the reduction of the balance sheet, which came as a surprise. |
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Author | Erste Group Research |
Date | 2022/01/07 |
Language | ![]() |
Product name | Week ahead |
Topic in focus | Macro/ Fixed income |
Economy in focus | Eurozone, United States |
Currency in focus | Euro, US Dollar |
Sector in focus | - |
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