After weeks of calm, uncertainty has returned to financial markets. In January, the Federal Reserve's communicative turnaround kicked off the recovery rally. On Thursday, the Fed ruled out further rate hikes for this year. The reduction of the central bank balance is also expected to come to an end sooner than expected. The first reaction of the market had been positive, but Investors came quickly to the conclusion, that if the Fed becomes skeptical, the economy does not have to be in good shape. The demand for safe bonds rose, which depressed the yields on long-term government bonds.