Patrick Barbe, head of Europe's investment-grade fixed income department at Neuberger Berman, said in a report that the ECB may need to lower the key interest rate to 1.5%-1.75% below the neutral level, which will benefit high-rated bonds. The ECB cut interest rates on Thursday and hinted that it will cut interest rates further in the future. This will obviously support the performance of Eurobonds, especially short- and medium-term bonds. Investors are expected to be more willing to buy higher-rated bonds, such as government agency bonds and supranational agency bonds.

Patrick Barbe, head of Europe's investment-grade fixed income department at Neuberger Berman, said in a report that the ECB may need to lower the key interest rate to 1.5%-1.75% below the neutral level, which will benefit high-rated bonds. The ECB cut interest rates on Thursday and hinted that it will cut interest rates further in the future. This will obviously support the performance of Eurobonds, especially short- and medium-term bonds. Investors are expected to be more willing to buy higher-rated bonds, such as government agency bonds and supranational agency bonds.