German 2-Year Bond Yields Drop 1.8 Basis Points; Italian 10-Year Briefly Spikes to 4.849%

According to Bloomberg data, German two-year bond yields fell 1.8 basis points to 2.528% on Thursday (June 25) as Italian 10-year yields briefly spiked to 4.849% during European market opening before recovering to 3.590%. German 10-year yields declined 0.8 basis points to 2.857%, while the 2/10-year yield spread widened by 1.068 basis points to 32.722 basis points.
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