Eurozone Bond Yields React to Strong Economic Data, Await Wage Figures, and Drop Amid Weak Factory Data and Anticipated ECB Rate Cut
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#ca962572 ver:0.73

Eurozone bond yields react to strong economic data, await wage figures, and drop amid weak factory data and anticipated ECB rate cut. Germany's 10-year bond yield reaches highest point since April, pushing back rate cut expectations. Traders now pricing in 57 basis points of ECB rate cuts in 2024. Italy's 10-year yield set for weekly rise. Focus on wage figures and PMI data for further insight. ECB and Fed policy outlooks key factors. Germany's 2-year yield reaches highest level since November. Spread between US and German yields tightens slightly. Eurozone bond yields decrease ahead of economic data releases. ECB expected to cut rates. Weak factory activity reported in eurozone and US. Eurozone bond yields rely on US data for guidance. Weaker Italian manufacturing PMIs and below-consensus US manufacturing ISM reading cause rates to fall. Downbeat data raises expectations of ECB rate cuts. Germany's 10-year yield falls. Money markets pricing in ECB monetary easing in 2024. Spread between US and German yields hits fresh low....

#newstr #EurozoneBondYields #EconomicData #InterestRateExpectations #WageFigures #PmiData #Eur/usdAnalysis #InflationData #WeakFactoryData #EcbRateCut #UsData #FallingOilPrices 

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