The two-year German bond yield dropped more than 2 basis points.

At the end of Monday's European market, the yield on German 10-year government bonds rose by 0.4 basis points to 2.729%, trading within a range of 2.708%-2.739% during the day. The yield on two-year German bonds dropped by 2.4 basis points to 1.876%, trading within a range of 1.890%-1.870% after a "gap down" opening, showing an overall M-shaped trend. The yield on 30-year German bonds rose by 1.8 basis points to 3.245%. The yield spread between 2-year and 10-year German government bonds widened by 2.938 basis points to +85.052 basis points.