The yield on 2/10-year German bonds has increased by about 2 basis points.
At the end of the European session on Tuesday, the yield on German 10-year government bonds rose by 1.9 basis points to 2.708%, showing a W-shaped trend throughout the day. After the US stock market opened, it hit a daily high, with overall trading in the range of 2.683%-2.713%. Towards the end of the trading day, there was a short-term rally. The yield on 2-year German bonds rose by 2.4 basis points to 1.942%, trading in the range of 1.915%-1.942% during the day. European stocks saw a slight decline before and after the opening, but most of the day they were in an upward trend. The yield on 30-year German bonds rose by 0.9 basis points to 3.204%. The spread between 2/10-year German bond yields fell by 0.432 basis points to +76.355 basis points.
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