The medium to long-term German bond yield rose by more than 3 basis points.

At the end of the European session on Monday, the yield on German 10-year government bonds rose by 3.6 basis points to 2.643%, with overall trading fluctuating between 2.591% and 2.647%. The yield on 2-year German bonds rose by 2.2 basis points to 1.837%, trading between 1.800% and 1.840% during the day. The yield on 30-year German bonds rose by 3.1 basis points to 3.118%. The yield spread between 2-year and 10-year German bonds increased by 1.464 basis points to +80.373 basis points.