---
title: "The yield on German bonds surged and then retreated on the U.S. non-farm payrolls day, with long-term German bond yields falling by more than 3 basis points"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/275640398.md"
description: "On Wednesday (February 11), the yield on Germany's 10-year government bonds fell by 1.6 basis points to 2.792%. When the U.S. non-farm payroll report was released, the yield briefly rose to 2.824%, before retreating to a daily low of 2.791%. The yield on two-year German bonds fell by 0.3 basis points to 2.066%, and the yield on 30-year German bonds fell by 3.4 basis points to 3.456%. The 2/10 year German bond yield spread decreased by 1.345 basis points, reported at +72.393 basis points"
datetime: "2026-02-11T17:27:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/275640398.md)
  - [en](https://longbridge.com/en/news/275640398.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/275640398.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/275640398.md) | [繁體中文](https://longbridge.com/zh-HK/news/275640398.md)


# The yield on German bonds surged and then retreated on the U.S. non-farm payrolls day, with long-term German bond yields falling by more than 3 basis points

On Wednesday (February 11), in the European market's late trading, the yield on Germany's 10-year government bonds fell by 1.6 basis points to 2.792%. When the U.S. non-farm payroll report was released at 21:30 Beijing time, it rose from below 2.8% to 2.824%, hitting a daily high, and then gradually retreated, approaching the daily low of 2.791% refreshed at 17:54.

The yield on the two-year German bonds fell by 0.3 basis points to 2.066%, trading within a range of 2.061%-2.093% during the day; the yield on the 30-year German bonds fell by 3.4 basis points, refreshing the daily low to 3.456%, and hitting a daily high of 3.501% at 21:30.

The yield spread between the 2-year and 10-year German bonds fell by 1.345 basis points to +72.393 basis points

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