German medium and long-term government bond yields drop by more than 2 basis points.

On Monday, during the European market's closing, the yield on German 10-year government bonds fluctuated by 2.2 basis points, closing at 2.841%. It traded within a range of 2.875% to 2.836% throughout the day, starting slightly higher before steadily declining. The yield on two-year German bonds dropped by 1.2 basis points to 2.095%, trading between 2.114% and 2.094% during the day. Meanwhile, the yield on 30-year German bonds decreased by 2.6 basis points to 3.436%. The yield spread between 2-year and 10-year German bonds narrowed by 1.059 basis points to +74.402 basis points.