The President of the European Central Bank has hinted that the interest rate cut cycle is coming to an end, and the market is no longer fully pricing for another 25BP reduction within the year

According to BlockBeats, on June 5th, traders reduced their bets on future interest rate cuts by the European Central Bank and no longer fully priced their expectations for another 25 basis points cut this year. The expectation of a further interest rate cut before December in the money market was once only 23 basis points, while before the European Central Bank's interest rate decision on Thursday, the market expectation was 32 basis points. Short term bonds led the decline, and the yield of two-year German treasury bond once rose 7 basis points to 1.87%. Previously, European Central Bank President Lagarde stated that the central bank's interest rate cutting cycle is nearing its end. (Golden Ten)