According to CoinMeta, with high oil prices combined with bond issuance in multiple countries, the eurozone bond market remains fragile. The yield on government bonds of eurozone governments fell slightly at the opening on Monday, but due to still-high oil prices and a large supply of bonds this week, the market may still face challenges. High oil prices increase the likelihood of further interest rate hikes by the European Central Bank (ECB), and several eurozone countries will issue national debt this week: Belgium will issue bonds on Monday, the Netherlands and Italy on Tuesday, Germany on Wednesday, and Spain and France on Thursday. Rainer Gontmann, an interest rate strategist at Deutsche Bank, stated in a report that the bond market is still in a fragile state. He pointed out that a rebound in oil prices, the speech by ECB President Christine Lagarde on that day, as well as the economic data and bond supply announced this week, could all exacerbate the current market uncertainty.