German bond prices rose and then fell back, with the 30-year German bond yield ultimately rising by about 2 basis points

Wallstreetcn
2025.10.01 16:27

On Wednesday (October 1), in the European market's late trading session, the yield on Germany's 10-year government bonds rose by 0.2 basis points to 2.713%. European stocks opened higher with a gap and slightly increased to 2.744%, refreshing the daily high after the market opened, but then continued to decline. When the U.S. ADP employment data (small non-farm) was released at 20:15, it significantly dropped, and by 21:53 (before the release of the U.S. ISM Manufacturing Index), it fell to 2.693%, refreshing the daily low.

The yield on the two-year German bonds fell by 0.6 basis points to 2.013%, trading within the range of 2.039%-2.003% during the day; the yield on the 30-year German bonds rose by 1.8 basis points to 3.298%.

The yield spread between the 2-year and 10-year German bonds increased by 0.722 basis points to +69.735 basis points