The medium to long-term German bond yield has dropped by about 4 basis points.

At the end of the European market on Wednesday, the yield on German 10-year government bonds fell by 3.9 basis points, hitting a daily low of 2.496% at 15:03 Beijing time. It then rose to a daily high of 2.549% and traded in a narrow range at the "high level" until 17:22, before gradually declining. The yield on 2-year German bonds dropped by 2.6 basis points to 1.842%, trading between 1.876% and 1.842% during the day; the yield on 30-year German bonds fell by 4.2 basis points to a daily low of 2.943%. The yield spread between 2-year and 10-year German bonds decreased by 0.999 basis points to +65.230 basis points.