欧元区债券收益率普跌 市场加大押注欧洲央行降息押注

Core Viewpoint - Eurozone bond yields fell across the board as the market increased bets on a potential interest rate cut by the European Central Bank (ECB) following disappointing U.S. non-farm payroll data [1] Group 1: Market Reactions - U.S. employment growth showed signs of slowing down, with previous values significantly revised down, indicating a notable cooling in the labor market [1] - This development has heightened expectations for a Federal Reserve rate cut next month [1] Group 2: Interest Rate Expectations - The probability of an ECB rate cut by the end of the year has risen to 60%, up from 50% prior to the data release [1] - The likelihood of a rate cut by March 2026 has increased to 80%, compared to the previous 65% [1] Group 3: Bond Yield Movements - The yield on Germany's 10-year government bonds decreased by 1.5 basis points to 2.68% [1] - The yield on Germany's 2-year bonds fell by 4 basis points to 1.91%, having previously reached a high of 1.967% since early April [1]