On September 11, Jinshi Data reported that the strategist of Dowmin Securities Intrerest Rate said that if the European Central Bank lowered the deposit Intrerest Rate by 25 basis points as generally expected, but did not update its guidance, the 10-year German yield could rise 3 basis points. Strategists said, 'Lagarde remains relatively vague on forward guidance, saying that the European Central Bank will take overall data as a guide.' They expect Lagarde not to rule out the possibility of a rate cut in October, but she is also unlikely to encourage speculation about a rate cut. According to Tradeweb data, the 10-year German government bond yield fell 2 basis points to 2.130% intraday.

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