©Reuters. Interest on German debt exceeds 1%, maximum since 2014
Update the information with code EC3167 with data from the closing of the secondary debt market
Madrid, May 4 (.).- The ten-year German debt yield has exceeded 1% this Wednesday, which is the highest since 2014, although it ended the day at 0.968%, in a day in which that the market is waiting to know the monetary policy decisions of the US Federal Reserve (Fed).
According to Bloomberg data consulted by Efe, the , considered the safest in Europe, rises this morning to 1.019%, compared to 0.963% in which it ended the previous day.
You have to go back to September 24, 2014 to find a close of German debt above 1%.
The profitability of the bonds climbs again this Wednesday, when the two-day meeting of the Fed concludes, after which the organism will predictably announce an aggressive rise in interest rates.
Experts are considering a rise of half a point, despite the fact that the US economy suffered the first contraction in the first quarter since the start of the pandemic.
In this context, the ten-year US bond also rises and stood this afternoon at 2.072%, although in the previous days it has exceeded 3%.
In the case of Spain, the interest on the ten-year debt also continues the upward trend, reaching 2.979%, which remains at a maximum since 2015.
Of the rest of the peripheral countries of the eurozone, the interest on Portugal’s debt has risen to 2.093%; that of Italy, to 2.953%; and that of Greece, at 3.385%.
Bond yields have been rising since the start of the year in the secondary market on prospects that major central banks will raise interest rates to contain inflation.