Government bond issuance in the eurozone will come from Spain and France for a combined volume of up to 20.75 billion euros. Spain will auction 5 billion to 6 billion euros in May 2031-, April 2034- and October 2036-dated nominal bonds, plus a further 250 million to 750 million euros in November 2036-dated inflation-linked bonds. France, meanwhile, will offer 12.5 billion to 14 billion euros in May 2036-, November 2036-, April 2041- and May 2046-dated nominal bonds, or OATs. The supply should weigh on markets and investors may use it to scale into tactical longs in 10-year German Bunds at yields above 2.9%, Commerzbank's Erik Liem says in a note. (emese.bartha@wsj.com)