The long-term German bond yield rose by about 2 basis points.

In the European market at the close on Wednesday, the yield on German 10-year government bonds rose by 1.9 basis points to 2.699%, falling to 2.656% at 17:50 Beijing time to hit a daily low, followed by a volatile rise and reaching a high of 2.701% at 23:42. The yield on two-year German bonds rose by 0.4 basis points to 1.940%, showing a U-shaped reversal throughout the day, dropping to 1.917% at 17:50 to hit a daily low, and then fluctuating at a low level for a long time; the yield on 30-year German bonds rose by 2.0 basis points to 3.146%. The yield spread between 2-year and 10-year German bonds rose by 1.534 basis points to +75.589 basis points.