German Two-Year Bund Yields Rise 10.2 Basis Points on June 1

On June 1, German two-year bund yields rose 10.2 basis points to 2.631% in European session closing, trading within a 2.571%-2.647% range throughout the day. The 10-year bund yield climbed 6.5bp to 3.003%, hitting a session high of 3.022%, while the 30-year yield increased 4.2bp to 3.542%. The 2/10-year yield spread compressed by 3.756bp to plus 36.940bp.
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