US government bond prices fall after the release of employment figures


Market interest rates on government bonds were on the rise on Thursday. As market interest rates rise, loan prices fall.

The market rate of the US ten-year government bond was 5.3 percentage points higher at 3.25 percent. The market rate of the federal government’s two-year government bond was 3.51 percent, an increase of 1.1 percentage points.

Market interest rates on loans started to rise and prices to fall after the figure received from the United States.

Last week, 232,000 new unemployment claims were filed in the United States Bloomberg’s the median forecast of economists collected expected 248,000 applications. In the week before last, 243,000 applications were submitted.

The main tasks of the Fed, the central bank of the United States, are to keep the general increase in the price level low and to keep employment high.

Before new applications for unemployment benefits, the dollar strengthened against the euro by 0.511 percent. After the figures were announced, the strengthening of the dollar accelerated to 0.622 percent.

Around 16:32, the dollar strengthened against the euro by 0.72 percent. The euro fetched 0.99803 dollars, 10.744 Swedish kronor, 0.86290 British pounds and 139.24 Japanese yen.

Better-than-expected employment figures may signal to the Fed that it can more calmly raise interest rates in the future to curb inflation. A higher interest rate, on the other hand, supports the dollar.

On the other side of the Atlantic, the direction of government bonds was similar.

The interest rate on the ten-year government bond of Great Britain was 8.0 interest points with an increase of 2.88 percent, France’s was 6.6 interest points with an increase of 2.21 percent and Germany’s was 6.0 interest points with an increase of 1.59 percent.

Great Britain’s two-year government bond rate was 8.6 basis points higher at 3.05 percent, France’s was 0.8 basis points higher at 0.95 percent, and Germany’s was 0.7 basis points lower at 1.16 percent.

The interest rate on Italy’s ten-year government bond was 10.2 percentage points higher at 3.98 percent. Spain’s loan interest rate was 6.8 percentage points with an increase of 2.79 percent and Portugal’s was 5.9 percentage points with an increase of 2.68 percent.


Source: Arvopaperi by www.arvopaperi.fi.

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