The 30-year German bond yield rose more than 5 basis points this week.
At the end of the European market on Friday, the yield on German 10-year government bonds rose by 1.6 basis points to 2.666%, with a cumulative increase of 3.3 basis points for the week, trading in the range of 2.634%-2.681%. The yield on German 2-year bonds rose by 0.3 basis points to 1.990%, with a cumulative increase of 2.1 basis points for the week, trading in the range of 1.973%-2.010%. The yield on German 30-year bonds rose by 2.7 basis points to 3.266%, with a cumulative increase of 5.4 basis points for the week. The 2/10-year German bond yield spread increased by 1.329 basis points to +67.450 basis points, with a cumulative increase of 1.175 basis points for the week.
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