ECB Unlikely to Further Cut Interest Rates Amid Rising Eurozone Government Bond Yields
1 week ago / Read about 0 minute
Author:小编   

The European Central Bank (ECB) kept its three key interest rates unchanged this week, citing positive indicators such as robust economic performance within the Eurozone and the alleviation of tariff risks. Notably, the yield on 10-year German government bonds surged to a four-month high, significantly diminishing market anticipation of further interest rate reductions by the ECB. As a result, the likelihood of an interest rate cut in December has dropped below 50%. Broadly, the increase in Eurozone government bond yields mirrors shifting investor confidence in the region's economic outlook.