Raiffeisenbank Austria d.d. recently issued the following announcement on July 20.
Turnover of only HRK 3 million was recorded yesterday in the trading of government bonds and this was due in Kuna in 2023.
Turnover of only HRK 3 million was recorded yesterday in the trading of government bonds and in kuna maturity in 2023. It is quite likely that modest activities will continue today without any significant shift in yields.
After three days, US yields along the curve recorded a more pronounced decline after US President Trump criticized in his interview the announcement by FED of further tightening of monetary policy by raising interest rates. That is why Trump interrupted the "White House" tradition that the moves of the central bank do not comment on respect for its independence. Since the beginning of Trump's mandate, FED has raised its benchmark rate five times, two times in the mandate of current Powell leader. The change in the inclination of the curve was not due to the spread in the segment 2-10 years. kept at 25 bb. There were no significant moves or news on the European market that would affect yields.
Original source can be found here.