Germany's 2-Year Bond Yield Rises 2 Basis Points to 2.607% Day After Fed Chair Wash's Debut

Germany's 2-year bond yield rose 2 basis points to 2.607% on June 18, a day after Federal Reserve Chair Kevin Wash's debut. The rate initially spiked to 2.827% following Wash's remarks before receding to near 2.619% for most of the session.

Germany's 10-year yield gained 0.2 basis points to 2.929% and traded in a 2.945%-2.916% range, while the 30-year yield fell 1.3 basis points to 3.468%. The 2-10 year yield curve steepener narrowed by 1.935 basis points to plus 32.06 basis points.