LONDON, Feb 17 (Reuters) - Germany's benchmark bond

yield fell for a seventh straight session on Tuesday as the safe

haven benefited from some nervousness across ​markets around AI,

spillovers from global peers ‌and the possibility of one more ECB

rate cut later this ⁠year.

The 10-year German Bund yield, the benchmark for ⁠the euro

zone, was down 2 basis ‌points at 2.73%, ‌around its lowest since

early December, and down in each session ​since February 9.

It has been ‌moving somewhat in sympathy with other markets

in recent days and the 10-year U.S. ​Treasury yield dropped 3 ​bps

to 4.02% ‌on Tuesday, its lowest since late November, after U.S.

markets were closed for a holiday on Monday.

Softer ⁠U.S. inflation data on Friday and worries ⁠about AI

disruption in the stock market have been helping Treasuries.

{US/}

Meanwhile, Japanese yields dropped sharply on Tuesday,

extending their move after Prime Minister Sanae Takaichi's big

election ⁠win ‌earlier this month. British government bond ‌yields

were also lower after soft labour market data.

Small changes ⁠in expectations for European Central Bank

policy are also in the mix for euro zone bonds. Markets

currently see around a 40% chance of one more ECB rate cut

across 2026.

Late last year market pricing reflected expectations that

the ECB's ​next move would be a hike.

Shorter-dated German yields moved in line with the

benchmark, with the two-year ​yield 2 bps lower ‌at 2.03%.