The yield on 10-year German bonds rose by over 5 basis points on Friday, breaking the dull trend from Monday to Thursday.

In the European market at the end of trading on Friday, the yield on German 10-year government bonds rose by 5.9 basis points to 2.715%. This week, it has increased by a total of 5.3 basis points, with overall stability around 2.660% from September 8-11 on the 11th, it saw a relatively sharp rise and fall due to the European Central Bank keeping rates unchanged and President Lagarde signaling a hawkish stance, followed by a continued increase on the 12th. The yield on 2-year German bonds rose by 3.2 basis points to 2.018%, accumulating an increase of 8.9 basis points this week, remaining relatively steady on September 8-9 before forming a bottom for the week and accelerating upwards from September 10-12, driven by the European Central Bank decision and Lagarde's press conference, leading to a V-shaped trend. The yield on 30-year German bonds rose by 4.2 basis points to 3.298%, holding largely steady for the week and displaying a distinct V-shaped pattern. The yield spread between 2-year and 10-year German bonds rose by 2.806 basis points to +69.514 basis points, falling by 3.520 basis points for the week.