Trump's statement triggers a surge in European bonds, and the market is awaiting more signals.

robot
Abstract generation in progress

ME News reports that on April 1 (UTC+8), following President Trump’s statement that the war against Iran could end within two or three weeks, market expectations of a cooling of tensions led to a sharp drop in crude oil prices. Subsequently, UK and European government bond yields surged significantly, with yields falling across the board. The yields on French, Italian, and UK government bonds all declined by 10 basis points or more. Germany’s 10-year benchmark government bond yield decreased by 6 basis points to 2.94%, reaching the lowest level since March 18. In a report, strategists including Benjamin Schroeder of ING Bank noted that after signals of communication from both sides were received, the market is closely monitoring whether this will translate into a tangible path toward de-escalation. However, considering the damage already inflicted, how quickly energy supplies can fully recover remains an unresolved issue. (Jin Ten) (Source: ODAILY)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin