German 2/10-year government bond yields drop more than 4 basis points.

At the close of the European market on Monday, the yield on Germany's 10-year government bonds fell by 4.2 basis points to 2.954%, trading within a range of 2.980%-2.944% during the day. After a gap down opening, it continued to fluctuate at a low level, trading near 2.950%, showing an overall long-tailed L-shaped trend. The yield on Germany's 2-year government bonds fell by 4.5 basis points to 2.572%, trading within a range of 2.578%-2.547% during the day; the yield on Germany's 30-year government bonds fell by 2.3 basis points to 3.526%. The yield spread between 2-year and 10-year German government bonds increased by 0.539 basis points to +38.097 basis points.