Danish bank: Eurozone bond investors are awaiting GDP and wage data.

On Friday, wage data and the final GDP figure for the third quarter in the Eurozone will be crucial for government bonds in that region. Asger Wilhelm Dalsjo from Danske Bank stated in a report: "These data will give us a comprehensive understanding of wage developments in the third quarter for the first time." The assistant analyst noted in a report that these data are very important for the outlook of the European Central Bank, as service sector inflation - mainly determined by wages - is currently the factor preventing inflation from falling below the target. The last meeting of the European Central Bank this year is scheduled for December 18th, and the market expects the bank to keep policy rates unchanged. Tradeweb's data shows that the yield on 10-year German government bonds has remained steady at 2.772%.