German two-year bond yields rise more than 9 basis points as investors weigh interest rate hike risks.

At the end of the European session on Monday, the yield on Germany's 10-year government bond rose by 5.5 basis points, hitting a daily high of 3.092%, remaining in an upward trend throughout the day and showing an overall N-shape pattern. The yield on Germany's 2-year government bond rose by 9.3 basis points, hitting a daily high of 2.736%, remaining in an upward trend throughout the day. Before the European stock market opened, it slightly dropped to 2.645%, hitting a daily low. The yield on Germany's 30-year government bond rose by 3.6 basis points, hitting a daily high of 3.540%. The yield spread between 2-year and 10-year German bonds fell by 3.925 basis points, hitting a daily low of +35.159 basis points.