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[Eurozone Bond Market Surges, Marking Longest Winning Streak; Markets Hold Breath Awaiting Inflation Storm] ⑴ On Monday, the Eurozone bond market continued its strong performance, with the yield on German 10-year government bonds falling 1 basis point to 2.7468%, hitting its lowest level since early December last year. ⑵ This marks the sixth consecutive trading day of decline for this benchmark yield, marking the longest losing streak since late November 2024. Last week, the yield on German 10-year government bonds fell by approximately 9 basis points, recording its largest weekly drop since March last year. ⑶ Monday's market opening was relatively calm, coinciding with holidays in the US and parts of Asia. However, a series of key economic data releases are scheduled for later this week, and traders are closely watching these data points that could influence expectations for the European Central Bank's monetary policy. ⑷ Money market bets on a December rate cut by the European Central Bank are currently slightly below 40%, an expectation that has rebounded after the release of US inflation data last Friday. The yield on German two-year government bonds, which is sensitive to interest rate expectations, was essentially unchanged at 2.0531% on Monday. (5) This week, major Eurozone economies will release their final Consumer Price Index (CPI) figures, along with the region's Purchasing Managers' Index (PMI). The market will also closely watch key US data, particularly the Personal Consumption Expenditures (PCE) price index, widely considered a key inflation indicator for the Federal Reserve's policy decisions. (6) Furthermore, due to weaker-than-expected Japanese economic data, traders have reduced their bets on an early interest rate hike by the Bank of Japan. On Monday, the Japanese Prime Minister and the Bank of Japan Governor will hold their first meeting since the ruling party's landslide victory in last week's election.