1.   Bond yields could rise following the output report, though, because it suggests the economy may be expanding at a pace that could cause inflation to accelerate.

2.   Expectations that the limp economy will keep inflation low and permit cuts in interest rates helped German bonds, which rebounded temporarily after the output report was released.

3.   German markets were focused on the Russian presidential elections and U.S. interest rates, and had little reaction to the output report.

4.   German markets were focused on the Russian presidential elections and had little reaction to the output report.

5.   Investors gave more credit to the output report than other reports on new home building and inflation, which indicated growth is slowing and inflation is in check.

6.   Japanese government bonds were little changed with yields at six-month highs as traders awaited a key industrial output report for signs of the strength of economic growth.

7.   The output report reflects activity at factories, construction sites, utilities and mines.

8.   The report, which looks at a wider section of French industry than the monthly output reports, was weaker than analysts had expected.

9.   The stock market was closed when the industrial output report was released.

10.   U.K. gilts fell, unable to benefit from a weaker-than-expected output inflation report after German bunds slid in late trade.