The European Central Bank (ECB) reported that banks deposited €2.9 trillion with it overnight, highlighting ongoing liquidity in the banking sector. Additionally, the ECB has settled €284.1 billion in corporate bond purchases and €2.105 trillion in public-sector bond purchases, with total bond holdings under the Pandemic Emergency Purchase Programme (PEPP) amounting to €1.59 trillion as of last week. In Turkey, the Treasury raised 53.3 billion lira in a recent bond auction, while short-term Treasury bills are yielding less than 2.5%, marking the lowest interest rates since September 2022. The UK is under pressure to issue fewer long-dated bonds, reflecting broader concerns about fiscal policies across Europe.