FRANKFURT (dpa-AFX) - German Bunds started trading on Thursday without much price movement. The benchmark Euro Bund future fell slightly to 130.09 points in the morning. The yield on ten-year Bunds amounted to 2.59 percent. It had last been higher in November.

During the course of the day, attention is mainly focused on US economic data. The government publishes growth figures for the first quarter. So far, the economy has shown itself to be robust. There is no sign of the feared recession. The US central bank, the Fed, is therefore making no move to ease its tight monetary policy.

In Turkey, the central bank is deciding on its course. After numerous hikes, the key interest rate is now 50 percent. However, inflation is still significantly higher at almost 70 percent. "The tightening of monetary policy to date has not led to a noticeable improvement in inflation dynamics," according to a morning commentary by Commerzbank. On the contrary, inflation has recently risen again./bgf/jha/