Commerzbank: Eurozone government bond yields are rising, and this trend may continue through the weekend

This rate strategist stated: "With no blocking factors in sight and the US on holiday, the bearish trend may continue until the weekend." He said: "Long-term Eurozone government bonds remain under pressure, and the yield curve is steepening at both ends." The rate strategist highlighted the bearish momentum, noting that long-term Japanese government bonds are also under pressure this week. Tradeweb data shows that Eurozone 10-year government bond yields rose 1.6 basis points to 2.6 basis points, while 10-year German government bond yields increased by 2.1 basis points to 2.919%.