The 10-year government bond yield fell by about 11 basis points, with investors focusing on the EU-US trade negotiations.

At the end of the European market on Monday, the yield on German 10-year government bonds fell by 8.2 basis points to 2.613%, continuing to oscillate smoothly and steadily lower after a "Gap down" opening, with overall trading in the range of 2.659% to 2.611%. The yield on German 2-year bonds fell by 4.6 basis points to 1.824%, trading between 1.846% and 1.823% during the day, stabilizing around 1.840% after the "Gap down" opening until 18:00 Beijing time - forming an intraday top, then continuing to oscillate lower. The yield on German 30-year bonds fell by 9.3 basis points to 3.139%. The 2/10 year German bond yield spread fell by 3.659 basis points to +78.695 basis points.