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DE6M

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    1.8297$
  • Previous Close
    1.8438$
  • 52 Week Change
    --
  • Day Range
    -0.01$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

The financial product symbol DE6M.GBOND typically refers to the German 6-month government bond futures contract traded on the Eurex exchange. It represents a standardized agreement to buy or sell German government bonds with a maturity of six months at a specified future date and price. These futures contracts are used by investors and traders to manage interest rate risk, speculate on the future direction of German government bond yields, and hedge existing bond portfolios. The "DE" likely stands for Deutschland (Germany), "6M" signifies the 6-month maturity, and "GBOND" indicates government bond.

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Factors

Interest Rates: Rising interest rates typically decrease bond prices, as newly issued bonds offer higher yields, making older bonds less attractive. Conversely, falling interest rates tend to increase bond prices.

Inflation Expectations: Higher inflation expectations erode the real value of future bond payments, leading to lower bond prices. Lower inflation expectations generally boost bond prices.

Credit Rating Changes: Downgrades in Germany's credit rating would likely decrease the price of DE6M.GBOND, as it signals increased risk of default. Upgrades would likely increase the price.

Economic Growth: Strong economic growth can lead to higher interest rates and inflation expectations, potentially decreasing bond prices. Weaker economic growth may lead to lower interest rates and inflation, potentially increasing bond prices.

Market Sentiment: General risk aversion in the market can increase demand for safe-haven assets like German government bonds, potentially increasing their price. Conversely, increased risk appetite can decrease demand and lower prices.

Supply and Demand: Increased issuance of German government bonds can increase supply and potentially decrease prices. Higher demand from investors, for example, foreign investors seeking safe assets, can increase prices.

Global Events: Major global events, such as geopolitical crises or economic recessions, can influence investor sentiment and demand for safe-haven assets, thereby affecting DE6M.GBOND prices.

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