European sovereign bond yields in general are falling, with the yield on 10-year UK bonds dropping by more than 2 basis points.

At the end of the European market on Thursday, the yield on German 10-year government bonds fell by 0.7 basis points to 2.843%, trading between 2.866% and 2.834% during the day. The yield on two-year German bonds fell by 1.7 basis points to 2.160%, trading between 2.175% and 2.158% intraday; the yield on 30-year German bonds fell by 0.1 basis points to 3.452%. The 2/10-year German bond yield spread increased by 0.885 basis points to +67.989 basis points. The yield on UK 10-year government bonds dropped by 2.2 basis points, while the yield on two-year UK bonds fell by 1.9 basis points throughout the day. The yield on 30-year UK government bonds increased by 0.2 basis points, and the yield on 50-year UK government bonds increased by 0.5 basis points. The 2/10-year UK bond yield spread decreased by 0.215 basis points to +71.150 basis points. The yield on French 10-year government bonds dropped by 1.3 basis points, while the yields on Italian, Spanish, and Greek 10-year government bonds fell by 2.1, 2.7, and 1.8 basis points respectively.