France’s 10-year OAT yield rose back above the 3.2% mark, as investors refocused on upcoming economic data amid an unusual pause in US tariff-related developments. In Europe, attention will center on key inflation releases, including France’s CPI report on Wednesday. A stronger-than-expected reading could lead markets to reconsider expectations for continued rate cuts by the European Central Bank. In the US, investors will be closely watching PCE inflation and GDP figures on Wednesday, followed by the nonfarm payrolls report on Friday. Meanwhile, sentiment improved as signs emerged of a more conciliatory tone between the US and China, with the Trump administration signaling a willingness to ease tariffs and China granting exemptions on select imports previously subject to 125% duties.