币界网报道:According to the news from the Coinnet, traders have cut their bets on future rate cuts by the European Central Bank and are no longer fully pricing in another 25 basis point cut this year. The money market's expectations for further rate cuts before December were 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 yield on two-year German government bonds rising 7 basis points to 1.87%. Earlier, European Central Bank President Lagarde said that the central bank's rate cut cycle was nearing its end.