Rainer Guntermann, research rates strategist at Commerzbank, said Bunds were likely to stabilise at the start of the week as markets awaited the Fed's decision on Wednesday. "The new downside in yields seems limited as front-end valuations look too high and in the face of very optimistic disinflationary hopes," he said. Money markets remain divided over whether the Fed will start its rate-cutting cycle by 25 basis points or 50 basis points, with Deutsche Bank economists predicting a rate cut...
德国商业银行研究利率策略师Rainer Guntermann表示,在市场期待美联储周三的利率决定之际,德国国债可能会在本周初企稳。他表示:“收益率的新一轮下行似乎有限,因为前端估值看起来过高,而且面对的是非常乐观的反通胀希望。”货币市场对于美联储是以降息25个基点还是50个基点开始降息周期仍存在分歧,德商银行经济学家则预计该行将降息...