Global monetary policy shifts as interest rate hike expectations rise in multiple countries
According to ChainCatcher, citing Golden Ten Data, global monetary policy expectations are undergoing significant changes, with traders increasingly betting that the monetary easing cycles of central banks around the world will slow down or even come to an end. Jim Reid, Head of Global Macro Research at Deutsche Bank, pointed out that more and more countries' markets have begun to price the next interest rate move as a rate hike. Schnabel's remarks have fueled market bets on a European Central Bank rate hike in 2026, and bond yields may rise further. Although US, European, UK, and Japanese government bond yields fell slightly on Tuesday, they have risen sharply overall this month.
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