Eurozone government bond yields did not change much at the opening of the market, and investors are awaiting preliminary purchasing managers' index data for France, Germany, and the Eurozone. These data are key references ahead of the ECB meeting on Thursday. Having said that, these data are unlikely to change the ECB's view that it is in a “good position”. Annalisa Piazza of MFS Investment Management said in a report: “Currently, the ECB seems content to stick to the established line and achieve a delicate balance between growth risk and inflationary pressure. “According to Tradeweb, the 10-year German Treasury yield rose 0.2 basis points to 2.847%.

Eurozone government bond yields did not change much at the opening of the market, and investors are awaiting preliminary purchasing managers' index data for France, Germany, and the Eurozone. These data are key references ahead of the ECB meeting on Thursday. Having said that, these data are unlikely to change the ECB's view that it is in a “good position”. Annalisa Piazza of MFS Investment Management said in a report: “Currently, the ECB seems content to stick to the established line and achieve a delicate balance between growth risk and inflationary pressure. “According to Tradeweb, the 10-year German Treasury yield rose 0.2 basis points to 2.847%.