The sovereign bond yields of Italy, Greece, and Portugal have accelerated their decline, with the Spanish bond yields falling by approximately 9 basis points this week.

On Friday afternoon in the European market, the yield on French 10-year government bonds fell by 3.2 basis points, reaching a daily low of 3.217%. The session of accelerated decline began at 23:47 Beijing time, with a total decline of 8.4 basis points for the week, continuing to trend lower overall, with significant acceleration on Friday. The yield on 2-year French bonds fell by 3.1 basis points to 2.125%, steadily declining throughout the day for a weekly decline of 5.1 basis points. The yield on 30-year French bonds fell by 2.0 basis points to 4.175%, with an accelerated decline starting at 23:48, resulting in a weekly decline of 8.1 basis points. The yield on Italian 10-year government bonds fell by 2.8 basis points to a daily low of 3.272%, with a weekly decline of 6.8 basis points. The yield on Spanish 10-year government bonds fell by 3.6 basis points to a daily low of 3.062%, with a weekly decline of 8.7 basis points. The yield on Greek 10-year government bonds fell by 3.0 basis points to a daily low of 3.271%, with a weekly decline of 6.7 basis points.