德商银行:欧元区政府债券收益率或将在美联储做出决定前进一步下跌
Sou Hu Cai Jing·2026-01-26 15:06

Core Viewpoint - The report from Rainer Guntermann of Deutsche Bank indicates that as market focus shifts to the upcoming Federal Reserve meeting, Eurozone government bond yields continue to decline and may fall further [1] Group 1: Market Trends - Eurozone government bond prices have the opportunity to rebound as the market pays more attention to the macro agenda [1] - The 10-year German government bond yield has decreased by 3.4 basis points to 2.867% [1] Group 2: Federal Reserve Outlook - It is expected that the Federal Reserve will maintain interest rates this week, but may lower rates in the future as inflation slows [1] - Deutsche Bank anticipates that the U.S. will resume rate cuts in March, earlier than current market expectations [1] Group 3: Inflation and Bond Issuance - A significant decline in Eurozone inflation is expected in the coming months, while bond issuance has already begun to slow down [1] Group 4: Risks - There are risks of volatility due to geopolitical issues, the succession of the Federal Reserve Chair, and related concerns in Japan [1]