German bond yields rose by about 8 basis points on the U.S. non-farm payrolls day

On Friday (May 2), in the European market's late trading session, the yield on Germany's 10-year government bonds rose by 8.9 basis points, reaching a daily high of 2.533%. It remained in an upward trend throughout the day, fluctuating within a range after the release of the U.S. non-farm payroll report at 20:30 Beijing time, and began to expand its gains before 22:00. For the week (four trading days), it accumulated an increase of 6.4 basis points. The yield on the 2-year German bonds rose by 7.6 basis points, reaching a daily high of 1.762%, also fluctuating at high levels throughout the day, and began to expand its gains before 22:00, with a cumulative increase of 4.3 basis points for the week; the yield on the 30-year German bonds rose by 8.8 basis points, reported at 2.971%, with a cumulative increase of 8.1 basis points for the week. The yield spread between the 2-year and 10-year German bonds increased by 1.381 basis points, reported at +76.854 basis points, an increase of 2.161 basis points