#EuropeanCryptoTrends #EuropeanCentralBank #GermanyMarket š Bond Market | Systemic Downturn
ā¢ š©šŖ Germany 10-year bonds < 2.75%
ā¢ š®š¹ Italy 10-year bonds ~ 3.35%
ā¢ š«š· OAT 3.3% (six-month low)
ā¢ š¬š§ UK 10-year bonds < 4.4%
š¹ Market expectations:
⢠The probability of the European Central Bank cutting interest rates again before the end of the year is ~ 40%
⢠Bank of England enters a clear easing cycle
ā”ļø Conclusion:
The downward trend of bond yields has become the most important valuation support force in the current equity market.