Germany's 10-year Bund yield remained stable at approximately 2.5%, marking its lowest point since March 4. This steadiness comes as investors consider recent developments in U.S. trade policy and anticipate the European Central Bank's upcoming interest rate decision on Thursday. Over the weekend, U.S. President Trump temporarily exempted smartphones and computers imported from China from tariffs while hinting at the possibility of new tariffs on semiconductors as early as this week. The final decision regarding phone tariffs is yet to be made. On the monetary policy front, the European Central Bank is widely anticipated to implement a 25 basis point rate cut. Market analysts will closely monitor the central bank's communications for insights into how officials perceive the impact of trade tensions on the Eurozone economy and the future path of interest rates.