The 10-year German bond yield fell by about 5 basis points as investors weighed the U.S. non-farm payroll report and the financing costs in the UK

On Thursday (July 3), in the European market's late trading session, the yield on Germany's 10-year government bonds fell by 4.9 basis points to 2.615%, remaining in a downward trend throughout the day, trading within the range of 2.660%-2.610%. After the release of the U.S. non-farm payroll report at 20:30 Beijing time, it rebounded from around 2.610% to approximately 2.640%. The yield on the 2-year German bonds decreased by 2.9 basis points to 1.834%, trading within the range of 1.875%-1.829% during the day, and rebounded to nearly 1.860% when the U.S. non-farm data was released from around 1.830%. The yield on the 30-year German bonds fell by 4.0 basis points to 3.077%, with the non-farm data also causing a two basis point rebound. The 2/10-year German bond yield spread decreased by 1.689 basis points to +77.735 basis points