Eurozone bond yields followed the rise in US Treasury yields.

Yields on Eurozone government bonds edged higher, following the trend of US Treasury yields, as the improvement in market sentiment reduced the demand for safe-haven assets such as bonds. Boosted by Nvidia's performance, market sentiment has improved, while the minutes of the October meeting of the Federal Reserve have reduced expectations of a rate cut in December. The Eurozone bond market will face a significant supply of bonds from Spain and France on Thursday. Tradeweb data shows that the yield on 10-year German government bonds rose by 0.7 basis points to 2.718%; the yield on 10-year Spanish government bonds rose by 0.4 basis points to 3.217%, and the yield on 10-year French government bonds rose by 0.6 basis points to 3.469%.