The medium to long-term German bond yield rose by more than 5 basis points.

At the end of the European market on Monday, the yield on German 10-year government bonds rose by 5.2 basis points to 2.521%, trading in a range of 2.467% - 4.525% during the day. The yield on two-year German bonds increased by 2.3 basis points to 1.742%, trading in a range of 1.723% - 1.748% intra-day; while the yield on 30-year German bonds rose by 5.7 basis points to 2.947%. The 2/10-year German bond yield spread widened by 2.837 basis points to +77.530 basis points.