Eurozone bond yields were unaffected by the unexpected decision of the European Central Bank to stand pat.

The European Central Bank has made a decision to maintain interest rates unchanged, in line with general expectations, and the yields of Eurozone government bonds remain stable. According to data from the London Stock Exchange Group, the yield on 10-year German government bonds stood at 2.862% after the decision was announced, unchanged from before the decision, and also unchanged on the same day. Stefan Glahe of Swissquote International stated in a report, "Given that inflation rates are close to target and there is no evidence of policy misalignment from financial conditions or credit transmission, the decision to maintain the status quo is reasonable." This chief economist indicated that market pricing continues to suggest a gradual increase in the possibility of further policy easing, with a rate cut seen as a possibility later this year rather than an imminent outcome. "This is in line with the European Central Bank's emphasis on patience and data dependency."