1559 GMT - Markets might already be going too far, making eurozone bond market valuations increasingly attractive, Candriam CIO Nicolas Forest says after the European Central Bank's 25-basis-point rate hike. "Bond investors are pricing around 50 basis points of additional tightening, which would take the deposit rate to 3.0% by March," he says. Candriam thinks that looks stretched. Unless the inflation outlook deteriorates further or Europe faces another major energy shock, the bar for tightening beyond what is already priced remains high, he says. "This makes bond markets valuations increasingly attractive."