Bunds saw their biggest weekly rise since early July on Friday but pared some gains in after-hours trading after a Reuters report, citing central bank sources, said that the ECB was considering setting yield band targets under its bond-buying programme.
Without flesh on the bones of the ECB's plans, analysts said German Bunds were likely to rise again in the short term. Many market participants may stay on the sidelines before Bernanke's Jackson Hole appearance, which will be scoured by investors looking for fresh hints of more U.S. monetary easing.
With many in the market on holiday and investors reluctant to place directional bets before September when numerous decisive events take place, prices have been volatile in recent weeks.
Speculation on what the ECB's proposal to buy bonds of troubled euro zone countries may look like and resurgent risks of a Greek euro zone exit have been behind the volatility.
Next month is likely to prove pivotal with the ECB's policy meeting on Sept. 6 followed by the German Constitutional Court's ruling on the euro zone's permanent bailout fund on Sept. 12.
Data out of the euro zone's biggest economy only reinforced a downbeat economic outlook. German business sentiment dropped for a fourth month in a row in August to reach its lowest level since March 2010, driven lower by increasing worries about the future level of exports.
German 10-year bond yields were 2.2 basis points higher at 1.35 percent.
For the latest updates on the stock market, PRESS CTR + D or visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today
Related Post:
European Stocks market
- Stoxx Europe 600 index Forecast 2013
- European Stock Market Forecast 2013
- European stock market and Italian bonds down dec 11 2012
- Europe stock markets advanced october 17 2012
- European stock market will open down october 12 2012
- Mario Draghi ECB Press Conference october 4 2012
- European stock markets higher october 2 2012
- european stock futures down october 1 2012
- European stock market rose september 28 2012
- impact protests in Greece and Spanish on stock market
- Effect Spanish recession on stock market
- European stock market drop 9-26-2012
- European Stock markets september 21 2012
- European stock markets 9/18/2012
- European stock markets lower september 17 2012
- European stock futures down 9/10/2012
- German constitutional court decision prediction
- Euro govt Bonds fall before ECB meeting 9/6/2012
- European stock markets sept 6 2012
- European Stock markets rose september 3 2012
- Eurozone Purchasing Managers PMI report 3 september 2012
- ECB President Mario Draghi will speech at Brussels sept 3 2012
- Europe economic forecast September 2012
- European stocks market august 31 2012
- Expectations ECB will bond buying plan
Bond Market
- advantages to using bond funds than individual bonds
- Italian, Spanish 10 year bonds outlook 9/26 2012
- German govt bund futures 9-26-2012
- Euro govt Bonds fall before ECB meeting 9/6/2012
- German 10 Year Bond Auction sept 5 2012
- Italy will bond auction august 28,30 august 2012
- Spanish bonds and German debt prices down 8/20/2012
- Spanish and Italian bonds yields rose 8/6/2012
- Govt Bond Auctions august 6-10 2012
- U.S. Treasuries yields down july 25, 2012
- German auction of bonds maturing in 2044
- Spanish 10-year bond yields up july 24, 2012
- German 10-year bond yields down july 23 2012
- U.S. 10-year govt bond yields down july 23 2012
- Spain 10-year bond july 23 2012
- Spanish and Italian bond yields May 14, 2012
- US Treasury Yield forecast next week may, 7-11 2012
No comments:
Post a Comment