Wallstreetcn
2024.09.09 16:19

Eurozone sovereign bond yields rose on the "non-farm payrolls day" and then fell back, with the two-year German bond yield dropping more than 1 basis point

At the end of the European session on Monday (September 9th, the day after the release of the US non-farm payroll report), the yield on German 10-year government bonds fell by 0.4 basis points to 2.168%, opening higher with a gap and hitting a daily high of 2.239% at 16:51 Beijing time, before shaking lower and refreshing a daily low of 2.166% at 23:54. The yield had previously dropped to 2.148% on the non-farm payroll day, approaching the bottom of 2.078% on August 5th - the lowest level since January 4th. The yield on two-year German bonds fell by 1.6 basis points to 2.214%, trading in the range of 2.279% to 2.208% during the session. It had dropped to 2.204% on the non-farm payroll day, nearing the bottom of 2.152% on August 5th. The yield on 30-year German bonds fell by 0.5 basis points to 2.432%