German bonds fell for two consecutive sessions before bouncing back slightly, while British bonds showed a mixed trend.

German government bond prices edged up slightly, stabilizing after two consecutive trading days of decline. The yield on 10-year German government bonds briefly fell by 3 basis points to 2.66%, retracting from the three-month high of 2.71% reached on Tuesday; the yield on 2-year bonds fell by 1 basis point to 1.86%. UK government bonds showed mixed trends, with short-term bond prices falling and long-term bond prices edging up slightly, resulting in a flattening yield curve. Long-term bond prices ended their three-day downward trend. The yield on 10-year UK government bonds dropped by 3 basis points to 4.60%. The yield on 10-year Italian government bonds dropped by 2 basis points to 3.52%. The yield spread between Italian and German government bonds remained largely unchanged at 85 basis points. The yield on 10-year French government bonds dropped by 1 basis point to 3.35%.