Germany's two-year government bond yield rose more than 3 basis points.

At the end of the European session on Wednesday, the yield on German 10-year government bonds rose by 0.5 basis points to 3.008%, trading within a range of 2.986% to 3.016% during the day, showing at least three waves of V-shaped movements. The yield on two-year German bonds rose by 3.6 basis points to 2.561%, trading within a range of 2.505% to 2.562% during the day, continuing to rise overall. The yield on thirty-year German bonds fell by 0.9 basis points to 3.536%, continuing to decline overall. The yield spread between 2-year and 10-year German bonds fell by 3.059 basis points to +44.397 basis points.