David Zahn, head of European fixed income at Franklin Templeton, said in a report that Eurozone bonds are still attractive given that the ECB is expected to continue to cut interest rates for some time. In line with the market, he expects the ECB to cut interest rates by 25 basis points on Thursday after economic indicators were weak and inflation fell below 2%. Due to weak economic growth across Europe, the ECB will continue to cut interest rates until the mid-term interest rate falls below 2% in 2025.

David Zahn, head of European fixed income at Franklin Templeton, said in a report that Eurozone bonds are still attractive given that the ECB is expected to continue to cut interest rates for some time. In line with the market, he expects the ECB to cut interest rates by 25 basis points on Thursday after economic indicators were weak and inflation fell below 2%. Due to weak economic growth across Europe, the ECB will continue to cut interest rates until the mid-term interest rate falls below 2% in 2025.