The 30-year German bond yield fell by about 4 basis points, accelerating its decline in the last trading session.

At the close of the European market on Monday, the yield on 10-year German government bonds fell by 2.4 basis points to 2.691%, trading within a range of 2.711%-2.688% during the day. European stocks opened with a "gap down" and traded at a low level throughout the day. The yield on 2-year German bonds remained relatively stable, at 2.018%, trading within a range of 2.000%-2.021%. The yield on 30-year German bonds dropped by 3.8 basis points to 3.260%, mostly oscillating between 3.3% and 3.28% during the day, forming an intraday peak. Before 23:00 Beijing time, the yield began to accelerate significantly downward. The 2/10-year German bond yield spread decreased by 2.362 basis points to +67.153 basis points.