Nordea Bank Abp0N4T
Mentioned
Nordea analysts Jan von Gerich and Tuuli Koivu said the European Central Bank delivered a 25bp rate hike and signalled a bias toward further tightening, with two more hikes remaining the baseline. The analysts noted the ECB's projections show Eurozone inflation above target through 2028. The signal of a tightening bias accompanied the rate decision as the central bank weighs persistent price pressures.
Nordea Bank AbpECB delivers 25bp hike and signals two more hikes, pushing the policy rate/yield higher.
ECB tightening bias and persistent inflation push German 10Y yields higher.