German bond prices rose and then fell, with the yield on 30-year German bonds rising by about 3 basis points.
On Thursday, at the end of the European session, the yield on the German 10-year government bond rose by 2.4 basis points to 2.522%, fluctuating at a high level throughout the day and trading in the range of 2.502% to 2.540%. The yield on the 2-year German bond fell by 0.1 basis point to 1.842%. European stocks opened with a "gap-up" before trading, rising to 1.865% at 15:31 Beijing time to hit a daily high, then fluctuating downward and falling to a daily low of 1.832% at 21:08. The yield on the 30-year German bond rose by 2.8 basis points to 2.972%, briefly falling from 2.990% to 2.948%. The 2/10-year German bond yield spread widened by 2.469 basis points to +67.699 basis points.
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