The two-year German bond yield increased by more than 12 basis points.

On Wednesday, during the European market closing, the yield on the German 10-year government bond rose by 9.8 basis points, hitting a daily high of 2.934% and continuing to rise overall. The yield on the 2-year German bond rose by 12.5 basis points to 2.378%, trading in a range of 2.302%-2.396% during the day. The yield on the 30-year German bond rose by 5.0 basis points to 3.494%. The yield spread between the 2-year and 10-year German bonds decreased by 2.796 basis points to +55.083 basis points.