Eurozone bond yields down, Greece readies for seven-year bond sale

Most eurozone government bond yields inched down from recent three-and-a-half-week highs on Monday, with reassuring signs from the global economy preventing steeper falls for now.

Greece was in focus after its mandated banks for its issue of a seven-year bond, according to IFR Markets. 

Encouraging Chinese data suggested the world's second-biggest economy may be starting to stabilise thanks to ramped-up stimulus from Beijing. 

China's economic growth slowed to 6.2 percent in the second quarter from a year earlier, the weakest in at least 27 years. But separate data showed the country's industrial output and retail sales beat forecasts.

That followed stronger-than-expected economic data in Europe and the United States last week, prompting investors to dial back some of their more pessimistic views on global growth. 

"The Fed has signalled what its...