The 2/10-year German bond yield rose by at least 3 basis points on Friday, but still fell by at least 6 basis points this week after the release of US CPI data

Wallstreetcn
2024.07.12 16:28

At the European market close on Friday (July 12th), the yield on German 10-year government bonds rose by 3.3 basis points to 2.496%. After the release of U.S. PPI data at 20:30 Beijing time, it quickly rose to a daily high of 2.528%, with a weekly decline of 6.0 basis points, showing a overall trend of oscillating downward, and a significant drop when U.S. CPI data was released on July 11th. The yield on two-year German bonds rose by 3.0 basis points to 2.823%, rising to a daily high of 2.848% after the release of U.S. PPI data, with a weekly decline of 6.7 basis points, and a significant drop when U.S. CPI data was released; the yield on 30-year German bonds rose by 2.6 basis points to 2.683%. The 2/10-year German bond yield spread increased by 0.238 basis points to -33.067 basis points, with a weekly increase of 0.795 basis points

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