Eurozone bond yields remained largely unchanged; Italy will hold a bond auction.

The yield on Eurozone government bonds remained unchanged in early trading, following a similar trend to US treasury bonds as investors wait for new trading catalysts. Investors are closely watching the bond auction in Italy, which involves up to 9 billion worth of 2031 and 2036 fixed-rate Italian government bonds, as well as floating-rate notes due in 2035. The results will be announced shortly after 1000 Greenwich Mean Time. This auction in Italy will mark the end of government bond sales in the Eurozone for February. According to data from the London Stock Exchange Group, the yield on 10-year German government bonds rose by 0.3 basis points to 2.711%, while the yield on 10-year Italian government bonds fell by 0.5 basis points to 3.314%.