Eurozone government bond yields edged lower, tracking US Treasuries as global
markets stabilized after Tuesday’s sell-off. Final July inflation data remain
pending, limiting near-term data-driven moves. RBC Capital Markets said detail
on July inflation drivers should prove relatively muted and expects preliminary
readings to be confirmed. Germany will auction €6bn of 2036 bunds in August;
Finland plans a new seven-year issue as scheduled. The 10-year German bund yield
was down 0.2bp intraday at 3.253%, after hitting 3.272% on Tuesday.