Business , Finance , Investment

Due to disappointing US economic situation data and negative messages from the financial industry the international investors flee themselves according to estimate of the W&W ate management GmbH (W&W TO) into the safe port of government loans.
For the euro area first further a low zinsniveau is expected. Only again lightening economic situation perspectives particularly in the USA so the experts might lead a relaxation of the situation at the financial market as well as itself to a certain rise of the long-term interest. On positive messages of the US economic situation, which could provide for falling courses at the loan market, the W&W TO however only counts in the process of the second half-year.
In Germany the net yield of 10-year old Federal loans had given way last clearly in the process of the fourth quarter 2007 and in the January of this yearly from 4,4 up to 3,8 per cent. A cause in particular were according to W&W TO increasingly the economic situation prospects – clouding for the USA – as well as the restraint of the international investors growing before this background.
While the US issuing bank already reacted with clear key interest lowerings to the economic situation risks, the European central bank with appropriate decisions held back itself so far. In view of the global surrounding field and the defaults of other central banks is to be counted however on a preventive key interest lowering also in the euro area. This expectation reflects itself according to estimate of W&W TO also in the development of the short term interest at the beginning of the year: Thus the net yield 2-jaehriger of German government loans of still approximately 4 per cent at the beginning of gave way January on in the meantime 3.2 per cent.