The yield on Germany's 10-year bond, the benchmark for the euro zone, dropped two basis points to 0.162 percent, tracking US 10-year Treasury yields lower, which also hit a new two-week low in European trading.

Most other euro zone bond yields were between 1-3 bps lower, and France's 10-year bond yield dropped to its lowest in over two years at 0.573 percent, down 2 bps on the day.