European Bond Yields Rise After U.S. CPI Data; FTSE Eurofirst 300 Up 1.23%, Italy's FTSE MIB at 32,988.04

European bond yields and stock indices saw notable movements following the release of U.S. Consumer Price Index (CPI) data. Germany's 10-year bond yield rose by 5.2 basis points to 2.229%, while the 2-year bond yield increased by 10 basis points to 2.448%. The U.S. dollar index also regained some losses after the CPI data. In equity markets, the FTSE Eurofirst 300 closed provisionally up 1.23% at 2,023.55, and Italy's FTSE MIB rose 2.04% to 32,988.04 points. The Euro Stoxx 600 index was up 0.3%, with other major indices like Germany's DAX and France's CAC 40 also showing gains of 0.3% and 0.3%, respectively. In Japan, the Ministry of Finance is considering raising the assumed long-term interest rate to around 2.1%, which contributed to a 1% decline in the yen to a two-week low of 148.82 per dollar. Additionally, Japan's 10-year government bond yield rose by 4.5 basis points to 0.88%.