The long-term German bond yield decreased by about 3 basis points.

On Wednesday afternoon in the European market, the yield on German 10-year government bonds fell by 3.3 basis points to 2.717%, remaining in a downward trend for the entire day. The overall trading range was between 2.748% and 2.712%. Within the first half hour of the US stock market opening, there was a significant drop in prices. The yield on 2-year German bonds fell by 2.5 basis points to 1.933%, trading between 1.955% and 1.929% during the day. The yield on 30-year German bonds dropped by 2.9 basis points to 3.294%. The yield spread between 2-year and 10-year German bonds decreased by 0.663 basis points to +78.294 basis points.