Interest rate analyst Hugh Worthington said that the ECB seems to have suddenly realized that it is lagging behind in economic activity. Although Worthington agreed with market interest rate pricing, he pointed out that the recent decline in yield seems to be more related to the Fed's sentiment, and that if the ECB takes a dovish stance, it may test the low in September. The ECB's recent new concerns about weak economic activity caused German short-term bond yields to fall to the level of the end of 2022, although they did not completely break through the important psychological barrier of 2%.

Interest rate analyst Hugh Worthington said that the ECB seems to have suddenly realized that it is lagging behind in economic activity. Although Worthington agreed with market interest rate pricing, he pointed out that the recent decline in yield seems to be more related to the Fed's sentiment, and that if the ECB takes a dovish stance, it may test the low in September. The ECB's recent new concerns about weak economic activity caused German short-term bond yields to fall to the level of the end of 2022, although they did not completely break through the important psychological barrier of 2%.