Hello Peter Stieber
I understand that you’re looking for clarification on the traffic flow in your Azure Virtual WAN setup with ExpressRoute, especially concerning a BGP peer IP listed in your route table.
The BGP peer IP address located within the Virtual Hub address space (such as 10.254.x.x) is generally linked to the ExpressRoute gateway.
This address is used for BGP peering between your on-premises network and the Azure Virtual Hub. While it might not match the virtualRouterIps, it is still an essential part of the routing setup for ExpressRoute connections in the Virtual WAN environment.
Also, please check in the VHUB overview in the Azure portal. In the JSON file, you can find the Azure Route Server private IPs. You can validate these as well to confirm if it is Route Server IP or not. If that IP is not a route server IP, then it is definitely a BGP peer IP only.
Yes, traffic from the ExpressRoute circuit does pass through the ExpressRoute gateway when connecting on-premises networks to Azure resources. The gateway serves as the entry point, allowing your on-premises traffic to reach Azure Virtual Network resources via the designated Virtual Hub.
Check the reference document:
https://docs.azure.cn/en-us/expressroute/expressroute-routing#support-for-bgp-communities
Hope the above answer helps! Please let us know do you have any further queries.
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