
The long-term German bond yield rose by 4 basis points
On Thursday (August 14), in the European market's late trading session, the yield on Germany's 10-year government bonds rose by 3.5 basis points, reaching a daily high of 2.715%. Before the release of the U.S. PPI wholesale inflation data at 20:30 Beijing time, it continued to fluctuate narrowly around the daily low of 2.654%. After the data was released, it quickly surged and continued to oscillate at a high level. The yield on the two-year German bonds increased by 1.1 basis points, reported at 1.946%, trading within the range of 1.918%-1.949% during the day; the yield on the 30-year German bonds rose by 4.0 basis points, reported at 3.267%, dropping to a daily low of 3.198% at 15:45, and then continued to rise smoothly, significantly increasing when the U.S. PPI data was released. The yield spread between the 2-year and 10-year German bonds increased by 2.122 basis points, reported at +76.389 basis points