Bund prices dropped, pushing yields higher after Eurostat data published an upwardly revised Eurozone harmonized inflation data for March. At the time of writing, benchmark 10-yr yield was trading more than one basis point higher at 0.151%. Yields at the short-end of the curve were lagging, thereby leading to steepening of the yield curve. On monthly basis, Eurozone prices were up 1.2% as compared to 0.2% in February. On annually basis, CPI stood flat at 0 pct, from down 0.1 pct in February and core-CPI grew 1% y/y. For more information, read our latest forex news.