WS #16485

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Eurozone government bond yields fell at open as markets prepare for the ECB's rate decision, with a hold widely expected. French OATs outperformed, reflecting a flight to quality. The broader macro backdrop is one of cautious stability, with investors waiting for the ECB's guidance on inflation and growth, while US core PCE data remains a key upcoming catalyst.

ECB Decision & Macro Rates

Eurozone government bond yields fell at open as markets prepare for the ECB's rate decision, with a hold widely expected. French OATs outperformed, reflecting a flight to quality. The broader macro backdrop is one of cautious stability, with investors waiting for the ECB's guidance on inflation and growth, while US core PCE data remains a key upcoming catalyst.

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