German government bond prices continue to rise, boosted by safe-haven demand.

The European stock market's decline has stimulated demand for safe-haven assets, with German government bonds rising slightly. The increase in US Treasury bonds also provided support. The yield on the 10-year German government bond fell by 3 basis points to 2.59%, the lowest level since July 4; the yield continued to decline after seeing its largest single-day drop since January on Monday. The yield on the 2-year German bond slipped by 1 basis point to 1.81%, flattening the yield curve. British government bonds rose, despite data showing that the UK government's borrowing in June exceeded expectations; the yield on the 10-year government bond fell by 3 basis points to 4.57%; the yield on the 2-year government bond fell by 2 basis points to 3.85%.