Shift in US monetary policy affects eurozone government bonds

According to Jinshi, LBBW senior fixed income analyst Alma Volker said in a report that the negative impact of the US Treasury market on eurozone government bonds in April mainly continued. Although the European Central Bank reiterated that its goal is to change interest rates in June, which means that a rate cut is in sight, the fact that the shift in US monetary policy is becoming increasingly uncertain overshadows the signals sent by the eurozone central bank. He said: "The improvement in the eurozone economic outlook has further exacerbated the bearish factors."