Investing.com -- The euro area's unexpected stagnation at the end of last year sparked a rally in German government debt.
German 10-year yields fell by 6 basis points to 2.52%, as traders increased their bets on an ECB interest-rate cut for the year. This movement came ahead of a policy decision that was due later on Thursday.
Simultaneously, the euro experienced a slight drop, falling 0.1% to approximately 1.0410.
In contrast, European stocks reached another record high, with real estate, chemical, and technology sectors leading the surge.
The advance in these sectors underlines the dynamic nature of the European stock market, even as the broader economy showed signs of stagnation.
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