币界网报道:According to the Coinnet report, on June 5, traders cut their bets on future ECB rate cuts and no longer fully priced in another 25 basis point cut this year. Money market expectations for further rate cuts by December were once only 23 basis points, while before the ECB's interest rate decision on Thursday, the market expected 32 basis points. Short-term bonds led the decline, with the two-year German government bond yield rising 7 basis points to 1.87%. Earlier, ECB President Lagarde said that the central bank's rate cut cycle was nearing its end.