The limited rise continued today bond yields.

Indicatively, since the beginning of the week, the yield of the Greek 10-year bond has increased by approximately 0.1%.

Although the signals from the inflation front are ambiguous, the futures market seems to be discounting that the ECB will cut interest rates.

Eurozone inflation eased further this month, raising the possibility that the European Central Bank will start easing monetary policy, even as data suggested the rate deceleration will be slower than initially expected.

The publication of the Consumer Price Index for the entire eurozone in February is eagerly awaited tomorrow, as analysts are discounting its decrease to 2.5% from 2.8% the previous month.

After this, the focus is on the next ECB Governing Council meeting on March 7. The next ECB meeting will take place on March 7. That’s because while no policy change is expected, the bank is likely to acknowledge the improved outlook for inflation, which will eventually open the door to rate cuts, perhaps around mid-year.

In the secondary bond market today, and more specifically in the Electronic Transaction System (HDAT) of the Bank, transactions of 109 million euros were recorded, of which 53 million euros related to purchase orders.

The yield on the Greek 10-year bond increased to 3.53% from 3.52% that closed yesterday, compared to 2.40% of the corresponding German bond, resulting in a spread of 1.13%.

In the foreign exchange market, the euro moves down against the dollar, with the result that in the afternoon the European currency trades at $1.0809. from the $1.0856 level, which opened the market.