European government bond yields dropped, after data releases showed inflation easing in Spain and a German state. The yield on Germany’s 10-year bond fell to 1.898% from 1.995% the day before. Debt issued by southern European governments rallied the most, with the equivalent Italian yield sliding to 3.792%. Inflation in Spain eased in November, with increases in the EU-harmonized index of consumer prices slowing to 6.6% year-on-year from 7.3% the month before. It was also lower than economists'