The two-year German bond yield fell more than 4 basis points this week, while the 30-year German bond yield has accumulated an increase of nearly 2 basis points.

At the end of the European trading session on Friday, the yield on German 10-year government bonds fell by 0.8 basis points to 2.607%, with a cumulative increase of 1.5 basis points for the week. On July 1, the yield on US stocks fell to 2.542% before rebounding to 2.675% on July 2. The yield on two-year German bonds fell by 1.8 basis points to 1.816%, with a cumulative decline of 4.4 basis points for the week, trading overall in the range of 1.875% to 1.799%. The yield significantly rebounded on July 3 when the US non-farm payrolls report was released, fluctuating below 1.860% from June 30 to July 3, before decreasing on July 4 after the rebound brought by the non-farm payrolls report quickly dissipated. The yield on 30-year German bonds rose by 0.9 basis points to 3.087%, with a cumulative increase of 1.7 basis points for the week. The 2/10-year German bond yield spread increased by 1.174 basis points to +78.909 basis points, with a cumulative increase of 6.128 basis points for the week.