Investors are adjusting their expectations for potential rate cuts by the European Central Bank (ECB) following recent actions by the Federal Reserve and the Swiss National Bank (SNB). The shift in sentiment is particularly evident in the Eurozone-bonds market, where traders are now leaning towards a more dovish outlook.
The Federal Reserve's decision to cut interest rates for the first time in over a decade has prompted investors to reassess their predictions for central bank policies globally. The move by the SNB to lower its policy rate further added to the dovish sentiment in the market.
