The long-term German bond yield rose by at least over 2 basis points, Merkel officially sworn in as German Chancellor.

At the end of the European market on Tuesday, the yield on German 10-year government bonds rose by 2.3 basis points to 2.540%, trading in a range of 2.519% to 2.558% during the day and remained in an upward trend throughout the day. The yield on 2-year German bonds fell by 1.0 basis point to 1.742%, trading in a range of 1.769% to 1.739% during the day. The yield on 30-year German bonds rose by 3.2 basis points to 3.004%. The 2/10 year German bond yield spread widened by 3.299 basis points to +79.524 basis points.