The 10-year German bond yield fell approximately 6 basis points on the US "non-farm payrolls day"

date
06/09/2025
At the end of the European market on Friday, the yield on German 10-year government bonds fell by 5.7 basis points to 2.662%, trading in a range of 2.718%-2.651% during the day, and declining throughout the day. After the release of the US non-farm payroll report at 20:30 Beijing time, it accelerated its decline, falling 6.2 basis points for the week after rising to 2.801% on September 2nd, and continuing to decline. The yield on two-year German bonds fell by 3.5 basis points to 1.929%, trading between 1.967%-1.921% during the day, with a weekly decline of 1.0 basis points; the yield on thirty-year German bonds fell by 3.9 basis points to 3.297%, with a weekly decline of 3.9 basis points. The 2/10-year German bond yield spread fell by 2.160 basis points to +73.035 basis points, with European stocks opening significantly lower before trading and declining again after the non-farm payroll report was released, ending the week with a cumulative decline of 5.205 basis points.