The 10-year German bond yield experienced a V-shaped reversal, rising more than 1 basis point throughout the day, as U.S. data fell short of expectations, leading investors to reduce bets on the Federal Reserve's interest rate cut prospects

Wallstreetcn
2025.01.02 17:06

On Thursday (January 2), in the European market's late trading session, the yield on Germany's 10-year government bonds rose by 1.2 basis points, reaching a daily high of 2.379%. At 21:00 Beijing time, it had also refreshed a daily low of 2.309%, and then it fluctuated upward smoothly. The yield on the 2-year German bonds increased by 1.8 basis points, reported at 2.1%, having refreshed a daily low of 2.029% at 18:57; the yield on the 30-year German bonds rose by 1.9 basis points, reported at 2.615%. The 2/10-year German bond yield spread fell by 0.514 basis points, reported at +27.529 basis points