ECB Expected to Maintain Policy Rate, Stabilizing German Bonds

The European Central Bank (ECB) is anticipated to keep its policy rate unchanged on Thursday, according to a report by Peter Goves, who is responsible for developed market sovereign debt research at MFS Investment Management. According to Jin10, this decision is expected to contribute to the relative stability of German bonds. Goves noted that unless new market disruptions occur, interest rates are likely to remain steady for the rest of the year.