German bond yields surged and then fell back, as investors' confidence in the Fed's rate cut in September was reinforced after the release of US CPI data

Wallstreetcn
2024.08.14 16:22

At the end of the European session on Wednesday (August 14th), the yield on German 10-year government bonds fell by 0.6 basis points to 2.180%. Three minutes after the release of US CPI data at 20:30 Beijing time, it hit a daily high of 2.219%, then fell, reaching a daily low of 2.168% at 22:12. The yield on two-year German bonds rose by 1.4 basis points to 2.354%, hitting a daily low of 2.333% at 14:25 (before the European stock market opened), then fluctuating upwards and hitting a daily high of 2.381% at 20:32