Live Updates > Live Update Details
2026-11-03 16:42:25
[German 10-year bond yields rise above 3.3%, recovering from a two-month low] ⑴ German 10-year bond yields rose above 3.3%, rebounding slightly from a two-month low, as reports of a rebound in oil prices following the US strike on Iran's Qeshm Island and as investors remained cautious ahead of Tuesday's US midterm elections. ⑵ German borrowing costs fell in October as a sell-off in AI-related stocks prompted investors to shift to safe-haven assets, while the market lowered its expectations for further interest rate hikes by the European Central Bank. ⑶ However, hawkish comments from ECB officials hours after keeping interest rates unchanged on Friday suggest that monetary tightening may only be postponed rather than ruled out, and the possibility of a December rate hike remains.
