PRAGUE, Nov 11 (Reuters) – Most central European currencies weakened on Friday as Hungarian bond yields extended their decline, helped by a recent strengthening of the forint, as markets looked for signs of a spike in the price. ‘inflation. Stock markets in the region – with Warsaw closed for a holiday – rose slightly along with their global counterparts after colder-than-expected US inflation data raised hopes the Federal Reserve could ease its aggressive rate hikes of interest. In central Europe, Czech inflation fell sharply in October, data showed on Thursday which raised hopes that price rises in the region could also follow suit. Hungarian bond yields extended their decline on Friday. The 10-year paper yield was around 8.70%, down 140 basis points this week. “Inflation data from the United States and the Czech Republic has been better than expected this week, which could make investors think that Hungarian inflation may soon peak as well,” said a Budapest-based trader. The forint slid 0.77% to trade at 403.85 per euro as low liquidity led to high volatility, an FX trader in Budapest said. The currency rebounded from record lows at around 343 last month after the central bank introduced a new fast deposit tool at a rate of 18%. Czech market rates fell on inflation data as the market earlier gauged the chances of upcoming rate cuts. The central bank raised rates by 675 basis points between June 2021 and June 2022, but was suspended in its last three meetings. Czech central banker Oldrich Dedek told Czech television on Thursday that the bank had seen inflation near a peak but would need to remain cautious. He added that the bank had not been in the market to defend the crown since its last policy meeting a week ago. The krone was stable at 24.2770 per euro, while the Polish zloty was up 0.35% on the day. The Romanian leu fell 0.28%, after inflation eased slightly to 15.3%, in line with expectations. As other Central European central banks seek rate stability after steep hikes last year, Romania’s central bank slowed its pace of tightening on Tuesday, raising its key rate by 50 basis points. ECO SNAPSH AT MARKETS OT 1121 CET CURREN CIES Previous daily change us bid close change in 2022 Czech 0 0% % Hungary 00 00 Polish % Romania % Croatia % Serbian 00 00 % % Note: calculated from 1800 daily change CET Last change previous daily United States close change in 2022 Prague 1253.3 1245.4 +0.63 1 100% Budapes 43455. 43164. +0.67 -14.32 t 16 34% % Buchare 11554. 11397. +1.38 -11.54 st 60 81 % % Ljublja <.sbito na p> 7 4% % Zagreb <.crbex> 1 3 Belgrade <.belex e> % Sophia <.sofix> % Yield Yield Spread Daily (bid) change vs change Bund in Czech spread Republi c 0 ps 0 ps 0 ps Poland 0 ps 0 ps ps FORWARD 3×6 6×9 9×12 3M interb ank Czech Hungary Poland Note: request FRA quotations *** * ************************************************** ************ (Reporting by Jason Hovet in Prague and Anita Komuves in Budapest; editing by Uttaresh.V)