After the European Central Bank cut interest rates, bond dumping in the eurozone has slightly accelerated

Golden 10 Data on March 6, as the European Central Bank cut interest rates by 25 basis points as expected, the dumping of euro government bonds accelerated slightly, pushing up yields. According to Tradeweb, the yield on 10-year German bunds rose seven basis points to 2.855% from 2.833% previously, following the announcement of the interest rate cut decision by the European Central Bank. On Wednesday, German bunds led the massive dumping of eurozone bonds following the launch of Germany's stimulus package. On Thursday, dumping also continued, albeit at a much slower pace. Europe's Central Bank also said that monetary policy is "significantly less restrictive". Markets are awaiting the European Central Bank's opinion on how restrictive the policy will be based on its assessment.