European short-term bonds under pressure, rising natural gas prices offset the impact of stable crude oil prices

Bitget

News

智通财经2026/07/29 14:46

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

The front end of the eurozone yield curve weakened slightly on Wednesday, mainly dragged down by rising energy prices. Although crude oil futures have remained mostly flat since the market opened, the surge in natural gas prices has had a more direct impact on the short end.
Germany's 2-year yield rose by 3.5 basis points during the session to 2.775%. At the open, it was just 1 basis point higher than the previous day, indicating that the impact of rising natural gas prices gradually intensified as trading progressed.
The sensitivity of short-term rates to energy prices has increased noticeably in recent sessions. Heightened concerns over natural gas supply have fueled greater volatility in policy rate expectations, especially against the backdrop of ongoing geopolitical uncertainty.
In contrast, the stability of crude oil prices has not provided relief to the bond market. This divergence reflects investors' reassessment of the varying degrees of influence different energy types have on the inflation trajectory and central bank policy.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

European short-term bonds under pressure, rising natural gas prices offset the impact of stable crude oil prices

You may also like

Crypto prices