The yield on Germany’s 10-year government bond remains steady below 3.40% as the market awaits the European Central Bank’s interest rate decision.
智通财经2026/09/09 08:21Show original
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⑴ The yield on Germany's 10-year government bonds remained below 3.40%, close to its highest level since April 2011, as investors await Thursday's European Central Bank policy meeting. ⑵ The market widely expects the European Central Bank to raise interest rates and maintain a data-dependent strategy, while ongoing Middle East conflict increases uncertainty in the inflation outlook. ⑶ Brent crude oil briefly touched $100 per barrel for the first time since July 24, and European natural gas prices rose to a three-and-a-half-year high. Rising tensions in the Middle East are heightening concerns over energy supply and fueling inflationary pressures. ⑷ The market is currently pricing in two ECB rate hikes in 2026, with the deposit rate expected to reach 3% before the end of 2027.
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