Eurozone bond prices have generally experienced a V-shaped reversal, with the 30-year French bond yield dropping by around 4 basis points.

At the end of the European market on Wednesday, the yield on French 10-year government bonds fell by 2.7 basis points, hitting a daily low of 3.380%. It rebounded to 3.419% at 21:30 Beijing time when the US non-farm payrolls report was released, setting a daily high. The yield on two-year French bonds briefly rebounded from 2.185% to 2.208%, reaching a daily high; and the yield on 30-year French bonds fell by 3.7 basis points, hitting a daily low of 4.343%. The yield on Italian 10-year government bonds fell by 1.4 basis points, while the yield on Spanish 10-year government bonds and Greek 10-year government bonds each fell by 1.4 and 1.2 basis points respectively.