On September 12, Milad Azar, a market analyst at XTB MENA, stated that government bond yields in the Eurozone rose ahead of the European Central Bank's expected rate cut. However, he expects yields to eventually decline if there are signs of further rate cuts. "They (yields) may resume their downward trend after the ECB announces its rate decision, especially if the ECB hints at further cuts," he said in a report. The market has fully priced in expectations for the ECB to cut its deposit rate by 25 basis points this evening. According to Tradeweb, the yield on 10-year German bunds rose 2.5 basis points to 2.123% on the day. (Jin Shi)