Eurozone bond yields rose on Monday, as traders adjusted ECB and Fed rate cut expectations.
Eurozone bond yields rose on Monday, ending a four-day decline, as traders adjusted expectations for rate cuts from the European Central Bank (ECB) and Federal Reserve. Germany's 10-year yield increased to 2.21%. European stock markets also rebounded, with major indices gaining 0.4-0.6%. Investors are focused on upcoming U.S. inflation data and the ECB's announcement on potential rate cuts, with a 25% chance of a Federal Reserve cut noted.
September 09, 2024
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