According to Jinshi Data, in early trading in the European session, eurozone government bond yields rose along with U.S. Treasury yields. The Federal Reserve cut interest rates by 25 basis points on Wednesday, but hinted that the pace of easing will slow down in the future.
The yield on German 10-year government bonds rose by about 2.5 basis points to 2.249%. The yield on Spanish 10-year government bonds rose by 7 basis points to 3.011%, the yield on Italian 10-year government bonds rose by 9 basis points to 3.493%, and the yield on French 10-year government bonds rose by nearly 3 basis points to 3.055%.