Narrow fluctuations in European sovereign bond prices.
At the end of the European market on Tuesday, the yield on German 10-year government bonds fell by 1.3 basis points to 2.750%, trading in a range of 2.784% to 2.747% intra-day, with fluctuations trending downwards throughout the day. The yield on 2-year German bonds fell by 0.2 basis points to 1.958%, trading in a range of 1.974% to 1.958% intra-day, while the yield on 30-year German bonds fell by 1.6 basis points to 3.323%. The yield spread between 2 and 10-year German bonds fell by 1.193 basis points to +78.957 basis points.
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