Group 1 - The core viewpoint of the report is that the yield spread of Eurozone bonds is expected to narrow by the end of the year despite current geopolitical tensions [1] - Citi's strategists predict that the yield spread between 10-year Spanish and German bonds will decrease from 64 basis points to 50 basis points [1] - The yield spread between 10-year Italian bonds and German bonds is anticipated to narrow from 89 basis points to 75 basis points [1] Group 2 - The positive outlook is supported by Germany's recent announcement of a fiscal stimulus plan [1] - There remains risk ahead of the upcoming tariff deadline on July 9, but the overall sentiment is optimistic [1]