Germany's 2/10 year government bond yield rose more than 3 basis points on Friday.
At the end of the European trading session on Friday, the yield on German 10-year government bonds rose by 3.1 basis points to 2.935%, with a cumulative increase of 8.4 basis points for the week - holding steady on Monday and rising continuously from Tuesday to Friday, trading in the range of 2.831%-2.936%. The yield on two-year German bonds rose by 3.6 basis points to 2.536%, with a cumulative increase of 1.9 basis points for the week, trading in the range of 2.492%-2.549%; while the yield on German 30-year bonds rose by 2.0 basis points to 3.509%. The yield spread between 2-year and 10-year German bonds fell by 0.598 basis points to +39.612 basis points, with a weekly increase of 6.464 basis points.
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