The German Financial Services Authority's 2026 financing plan is expected to be the focus on Thursday, and the market expects its issuance scale to increase significantly compared to 2025. Hauke Siemssen of Commerzbank Research said in a report: “In the face of increased infrastructure and defense spending, the German Financial Services Agency is expected to announce a record German treasury bond issuance scale in 2026. “The 10-year German treasury bond yield is expected to remain around 2.85%, and the focus will be on steeper yield curves and exchange spreads,” he said. Investors in Eurozone government bonds will also keep a close eye on the ECB's new inflation and GDP forecasts. At the same time, the central bank is expected to keep interest rates unchanged.

The German Financial Services Authority's 2026 financing plan is expected to be the focus on Thursday, and the market expects its issuance scale to increase significantly compared to 2025. Hauke Siemssen of Commerzbank Research said in a report: “In the face of increased infrastructure and defense spending, the German Financial Services Agency is expected to announce a record German treasury bond issuance scale in 2026. “The 10-year German treasury bond yield is expected to remain around 2.85%, and the focus will be on steeper yield curves and exchange spreads,” he said. Investors in Eurozone government bonds will also keep a close eye on the ECB's new inflation and GDP forecasts. At the same time, the central bank is expected to keep interest rates unchanged.