Bond Yields Ease Ahead of ECB Decision and US Inflation Data

Market participants have seen eurozone and US government bond yields ease ahead of key events. The European Central Bank (ECB) decision is set to be announced, while US inflation data is expected soon.

The easing in yields comes as investors await these pivotal announcements. Eurozone government bond yields have declined, with the 10-year yield falling below 2%. In contrast, US Treasury yields have also eased, with the 10-year note yield decreasing by nearly a percentage point since mid-February.