
German bond yields rose by about 4 basis points as investors weighed the German PMI, the delayed U.S. CPI, and the political situation in France
On Friday (October 24), at the end of the European market, the yield on Germany's 10-year government bonds rose by 4.3 basis points to 2.626%. It briefly surged when the German PMI data was released at 15:30 Beijing time, and then dipped shortly after the U.S. CPI inflation data was released at 20:30, but this did not disrupt the high-level volatility since the release of the PMI data. This week, it has accumulated an increase of 4.6 basis points, trading overall in the range of 2.540%-2.633%, with a notable increase following the release of the German PMI data.
The yield on the two-year German bonds rose by 4.2 basis points to 1.968%, accumulating an increase of 5.9 basis points this week, trading overall in the range of 1.893%-1.975%; the yield on the 30-year German bonds rose by 3.8 basis points to 3.206%, accumulating an increase of 3.1 basis points this week

