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 German Bond Yields React to Signs of U.S. Economic Slowdown and Anticipation of ECB Policy Announcement
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#ca962572 ver:0.74

German bond yields react to signs of US economic slowdown and anticipation of ECB policy announcement. Eurozone bond yields have moved in response to strong economic data, pushing back expectations for central bank rate cuts. Traders now price in 57 basis points of ECB rate cuts in 2024. Focus turns to wage figures and PMI data for further insight into inflation trends. ECB and Fed policy outlooks remain key influencers. Eurozone bond yields fall as weak factory activity is reported in the eurozone and the US. ECB expected to announce rate cut. US data now guides eurozone rates. Weaker Italian manufacturing PMIs and below-consensus US manufacturing ISM reading raise expectations of ECB rate cuts. German 10-year yield drops due to weak economic data and declining oil prices. US and German yield spread hits 2.5-month low. German 10-year yield falls influenced by slowing US labor market and anticipation of ECB policy announcement. ECB expected to lower deposit rate, but uncertainty remains about future rate path....

#newstr #GermanBondYields #UsEconomicSlowdown #EuropeanCentralBank #UsLaborMarket #GlobalBondMarkets #InterestRates 

 https://here.news/story/ca962572?ver=0.74