German 2-year bond yield falls as traders react to U.S. election-August 2024-www.financetom.com

Market

German 2-year bond yield falls as traders react to U.S. election

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

German 2-year bond yield falls as traders react to U.S. election

Nov 9, 2024 11:09 AM

LONDON, Nov 6 (Reuters) - Germany's 2-year bond yield

fell sharply in early trading on Wednesday as investors reacted

to a likely Donald Trump victory in the U.S. presidential

election, which could pave the way for higher tariffs that hurt

Europe's economy.

The German 2-year yield, which is sensitive to

European Central Bank interest rate expectations, was last down

8 basis points (bps) at 2.221%.

Previous page： Exchange-Traded Funds, US Equities Higher After Midday Trading Next page： Sector Update: Financial

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Exchange-Traded Funds, US Equities Higher After Midday Trading

Dec 4, 2024

01:17 PM EST, 12/04/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded fund IWM and IVV advanced. Actively traded Invesco QQQ Trust (QQQ) rose 1%. US stock indexes were higher after midday on Wednesday amid gains in the technology sector, while investors awaited remarks from Federal Reserve Chair Jerome Powell at an event on Wednesday. Energy iShares US Energy ETF...

Sector Update: Financial

Dec 4, 2024

01:24 PM EST, 12/04/2024 (MT Newswires) -- Financial stocks fell in Wednesday afternoon trading with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) both shedding 0.5%. The Philadelphia Housing Index dropped 2%, and the Real Estate Select Sector SPDR Fund (XLRE) declined 0.3%. Bitcoin (BTC-USD) was little changed at $95,917, and the yield for 10-year US...

Sector Update: Tech

Dec 4, 2024

01:24 PM EST, 12/04/2024 (MT Newswires) -- Tech stocks were higher Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 1.6% and the SPDR S&P Semiconductor ETF (XSD) adding 0.8%. The Philadelphia Semiconductor index climbed 1.6%. In corporate news, Marvell Technology ( MRVL ) shares surged nearly 24%. The company issued an upbeat fiscal Q4 earnings outlook at...

Sector Update: Energy

Dec 4, 2024

01:23 PM EST, 12/04/2024 (MT Newswires) -- Energy stocks were in the red Wednesday afternoon, with the NYSE Energy Sector Index falling about 2% and the Energy Select Sector SPDR Fund (XLE) dropping 2.7%. The Philadelphia Oil Service Sector index declined 2.8%, and the Dow Jones US Utilities index shed 0.3%. US crude oil stocks, including those in the Strategic...