Core Viewpoint - The German bond market is experiencing a steep bear market, with the 30-year yield poised to reach its highest closing level since 2011, driven by ongoing fiscal concerns [1] Group 1: Yield Changes - The yield on Germany's 30-year government bonds increased by 2 basis points to 3.23%, marking a total rise of 14 basis points for the week [1] - This week's increase represents the largest single-week gain in four months [1] Group 2: Interest Rate Expectations - Traders have lowered their expectations for interest rate cuts by the European Central Bank (ECB) following comments from policymaker Isabel Schnabel, indicating that significant downward movement in inflation is necessary for any future rate cuts [1] - Swap contracts suggest a projected interest rate cut of 19 basis points for the remainder of the year, down from 21 basis points on Thursday and 27 basis points the previous week [1]
德国30年期国债收益率势将收于14年高点
news flash·2025-07-11 15:47