1049 GMT - TD Securities retains a long position in 10-year German Bunds, its rates strategists say in a note ahead of the European Central Bank's meeting on Thursday. TD, in line the broader market, expects the ECB to keep the deposit rate on hold at 2.00%. The tone of its message is unlikely to shift much, suggesting rates are in the right place for now, the strategists say. "Though uncertainty is likely to creep back into the discussion, the press statement and conference will continue to lean on balanced risks and a 'well-positioned' monetary policy." The 10-year Bund yield is last 1 basis point lower at 2.878%, according to LSEG. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
February 04, 2026 05:49 ET (10:49 GMT)
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