German 2-Year Bond Yield Rises by About 5 Basis Points; Investors Focus on Oil Price Surge After Non-Farm Payrolls

At the close of European trading on Monday (August 10, one trading day after the release of the U.S. Non-Farm Employment report), the German 10-year government bond yield rose by 4.6 basis points to 3.179%. It traded within a range of 3.125%-3.182% during the session. Since the "open" at 14:30 Beijing time until 20:33, it exhibited a flat W-shaped trend, stabilizing near 3.135% before expanding its gains.

The 2-year German bond yield rose by 5.2 basis points to 2.801%, trading within a range of 2.749%-2.804% during the session and remaining in positive territory for almost the entire day. The 30-year German bond yield increased by 3.2 basis points to 3.672%.

The 2/10-year German bond yield spread fell by 0.453 basis points to +37.533 basis points.

The French 10-year government bond yield rose by 6.4 basis points to 3.981%; the 2-year French bond yield increased by 5.9 basis points, and the 30-year French bond yield rose by 4.6 basis points.

The Italian 10-year government bond yield rose by 6.4 basis points to 3.965%.

The Spanish 10-year government bond yield increased by 5.8 basis points to 3.618%.

The Greek 10-year government bond yield rose by 6.4 basis points to 3.863%.