Report: Eurozone bond yields decline, following the trend of US Treasury bonds.

The yield on eurozone government bonds fell in early trading, following the trend of US Treasury bonds. According to a report by Metzler's Leon Ferdinand Bost and Uwe Hohmann, "German government bonds are still being supported, with the 10-year yield currently significantly outside of recent trading ranges." These analysts suggest that the trend of inflation deceleration and the market digesting expectations of interest rate cuts "should continue to provide support in the near term." Factors that could impact the market on Tuesday include bond auctions in Germany and Finland, as well as Germany's ZEW economic sentiment index. According to data from the London Stock Exchange Group, the yield on 10-year German government bonds fell by 1.9 basis points to 2.735%, near the 11-week low of 2.729% touched on Monday.