Rates Spark: Saving The Most Exciting For Last
Source: SeekingAlpha
2025-08-01 05:40:00 ET
Back end of euro curve still has some catching-up to do
We’re coming to the end of an eventful week but with both eurozone inflation and US payrolls on the agenda, markets cannot put their feet up just yet. The recent push higher in euro rates has been coming from the front end of the curve, reflecting growing conviction that the European Central Bank will maintain its current policy rate of 2%. If this becomes the dominant narrative, then we can still see the 2Y rate rise by another 10bp....
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Rates Spark: Saving The Most Exciting For Last
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