Dusseldorf After three weak trading days, the German stock market is on the up again. The Dax rose in the morning by 0.6 percent to 15,406 points. This means that only 115 points are missing for a new high for the year, which would be equivalent to a continuation of the 3650-point rally since the end of September and should probably bring new impetus to trading.
With the price gains, the leading German index is following the US stock market indices on Wall Street, which rose after the speeches by US Federal Reserve Chairman Jerome Powell and US President Biden on Tuesday.
Quotations on the bond market behaved differently. They gave way, and yields rose accordingly. A ten-year US Treasury bond now yields 3.65 percent, the low on Tuesday was 3.60 percent. The yield on a ten-year federal bond also rose to 2.36 percent from the previous 2.28 percent.
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