法国10年期OAT收益率回落至3.2%以下,因投资者吸收了新一波经济数据,并评估了其对欧洲央行货币政策前景的潜在影响。法国第一季度的GDP增长令人失望,仅增长了0.1%,受到消费、投资和出口疲软的阻碍。与此同时,该国4月份的通胀率稳定在0.8%,为2021年2月以来的最低水平,仍远低于欧洲央行2%的目标。上周,欧洲央行将存款利率下调25个基点至2.25%,为2023年初以来的最低水平。欧洲央行还取消了对“限制性”政策立场的提及,并警告称,在贸易紧张局势加剧的情况下,经济前景已经恶化。在其他地方,对特朗普政府关税政策引发的潜在全球衰退的担忧继续影响着市场情绪。
France’s 10-year OAT yield fell back below 3.2% as investors absorbed a fresh wave of economic data and assessed its potential impact on the European Central Bank's monetary policy outlook. France’s GDP growth in Q1 disappointed, expanding by just 0.1%, hindered by weak consumption, investment, and exports. Meanwhile, the country’s inflation rate held steady at 0.8% in April, marking the lowest level since February 2021 and remaining well below the ECB's 2% target. Last week, the ECB lowered its deposit rate by 25 basis points to 2.25%, its lowest level since early 2023. The ECB also removed its reference to a "restrictive" policy stance, cautioning that the economic outlook has worsened amid rising trade tensions. Elsewhere, concerns over a potential global recession, fueled by the Trump administration's tariff policies, continued to weigh on sentiment.