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Germany Merchant Bank strategist says Germany bond yields could reverse
Bitget2024/10/07 08:47
On October 7th, a strategist from Germany Commercial Bank stated in a report that investors continued to sell German government bonds, leading to further increases in yields. However, given recent weak economic data and the prospect of further interest rate cuts, this trend may soon reverse.
Strategists say the recent sell-off appears to have gone too fast and too far, and this week's German industrial data may highlight the continued Downside Risks to economic growth.
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