
The 10-year German bond yield fell by 15 basis points this week
On Friday (April 4th) in the European market's late trading session, the yield on Germany's 10-year government bonds fell by 7.4 basis points to 2.578%. This week, it has cumulatively dropped by 15.0 basis points, remaining in a downward trend. From Monday to Thursday, it attempted to hold above 2.650%, but on Friday, it accelerated downward, falling to 2.479% at 18:15 Beijing time (before the release of the U.S. non-farm payroll report). The yield on the two-year German bonds decreased by 12.1 basis points to 1.827%, with a cumulative drop of 15.0 basis points this week, also in a downward trend, falling to 2.479% at 18:15 on Friday; the yield on the 30-year German bonds fell by 6.2 basis points to 2.979%, with a cumulative drop of 12.2 basis points this week. The yield spread between the 2-year and 10-year German bonds increased by 4.591 basis points to +74.675 basis points, with a cumulative increase of 4.179 basis points this week