Sina US Stock News, Bloomberg reported on February 20, Beijing time, that due to signs of division among Italy's right-wing political parties, Eurozone non-core treasury bonds led the European bond market. At the same time, Spain appointed banks to arrange to issue a batch of 30-year treasury bonds in the near future through a syndicated method, contributing to a weakening of the treasury bond yield curve over the long term. French treasury bonds have lagged behind the market after rising recently compared to German treasury bonds.

The yield on French 10-year treasury bonds rose more than 1 basis point from Eurozone core treasury bonds. A trader emphasized the recent strong performance of French treasury bonds compared to German treasury bonds and institutional bonds.

Spain appointed Barclays, Spanish Foreign Bank (BBVA), Citibank, HSBC, Santander, and Société Générale to arrange the issuance of 30-year euro benchmark bonds due on October 31, 2048 through a syndicated method. Given the shortage of bond supply this week, it is widely speculated that a possible launch may be imminent due to favorable bond supply conditions, and at the same time, the risk of inflation may be close to a high point, and some analysts have turned further bullish.

A London trader said that reports about Italy's potential right-wing political party coalition feud may be part of the reason for the widening spread between Italian treasury bonds and German treasury bonds on Monday; the right-wing coalition included Berlusconi's Italian Power Party; before the silent period that began on Saturday, right-wing political parties took the lead in the polls in total.

During the US holidays, the trading price of German treasury bond futures for March was less than half of the 20-day average.