{"id":11667,"date":"2021-07-09T09:02:31","date_gmt":"2021-07-09T09:02:31","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/07\/09\/dax-rebounds-as-yields-stabilize\/"},"modified":"2021-07-09T09:02:31","modified_gmt":"2021-07-09T09:02:31","slug":"dax-rebounds-as-yields-stabilize","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/07\/09\/dax-rebounds-as-yields-stabilize\/","title":{"rendered":"DAX Rebounds As Yields Stabilize"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> German stocks advanced on Friday, as yields steadied after a sharp drop in recent session on concerns over the COVID-19 Delta variant&#8217;s potential impact on global growth.<\/p>\n<p>U.S. 10-year Treasury yields were up 3.8 bps after having fallen 14 basis points in the first four days of the week.<\/p>\n<p>German 10-year Bund yield and other major euro zone government bonds, such as those of France and the Netherlands, also saw yields tick up today.<\/p>\n<p>Focus now shifts to the meeting of G-20 finance ministers and central bank governors in Venice, Italy today and tomorrow, with global tax reform on top of the agenda. <\/p>\n<p>The benchmark DAX climbed 129 points, or 0.8 percent, to 15,549 after losing 1.7 percent in the previous session. <\/p>\n<p>Cyclicals were back in favor, with automakers BMW, Daimler and Volkswagen rising between 1.5 percent and 2.5 percent. <\/p>\n<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>DAX Rebounds As Yields Stabilize<\/a><br \/>\n<br \/>2021-07-09 09:02:31<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>German stocks advanced on Friday, as yields steadied after a sharp drop in recent session on concerns over the COVID-19 Delta variant&#8217;s potential impact on global growth. U.S. 10-year Treasury&#8230;<\/p>\n","protected":false},"author":2,"featured_media":11668,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-11667","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11667","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=11667"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11667\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/11668"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=11667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=11667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=11667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}