German bond yields rose on Thursday in a "high diving board" market scenario, falling by 10 basis points this week.

In the late session of the European market on Thursday, the yield on German 10-year government bonds rose by 0.7 basis points to 2.992%. It fluctuated mostly at a high level during the day, reaching a daily high of 3.053% at 21:03 Beijing time, and then quickly gave up the gains, falling slightly to 2.983% at 22:45 to refresh the daily low. The yield has fallen by 10.2 basis points so far this week, continuing to decline. On April 1st at 15:27, it fell to 2.931%, then continued to rise and briefly recovered to 3.050%. The yield on 2-year German bonds rose by 1.9 basis points to 2.616%, with a cumulative decline of 5.8 basis points so far this week. On April 1st at 15:00, it had fallen to 2.528% at the opening of the European stock market. The yield on 30-year German bonds rose by 1.1 basis points to 3.472%, with a cumulative decline of 8.1 basis points so far this week. The 2/10-year German bond yield spread fell by 1.202 basis points to +37.394 basis points, with a cumulative decline of 4.051 basis points so far this week.