Eurozone short-term government bonds expected to remain strong

Short-term government bonds in the eurozone are expected to remain strong as weak economic data has fueled expectations that the European Central Bank will accelerate the pace of interest rate cuts, Michael Lester, head of interest rate strategy at Commerzbank Research, said in a report, according to Gold Ten. He noted that the poor data flow continues to push the ECB to ease expectations, which are supported by the official reluctance to fight the latest market movements.