The German ten-year rate close to zero – News



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economy The interest rate on German ten-year government bonds is approaching zero after the announcement of low interest rates by the US Federal Reserve (Fed) on Wednesday.

The German rate fell to the lowest level since 2016, 0.04%, against 0.08% before the Fed.

Sweden 's ten – year interest rate has been trending down to 0.29%, its lowest level since autumn 2016.

The 10-year US rate fell to 2.52% after the announcement of the interest rate, which can be compared to the peak of just over 3.20% reached last October .

Ten-year government bonds are considered an important benchmark for market interest rates in different countries and determine the cost of long-term loans from different states.

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