German bond yields surged and then fell back
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The yield on the two-year German Bund rose by 0.6 basis points to 2.567%, trading within the range of 2.544%-2.597% during the day; the yield on the 30-year Bund fell by 0.5 basis points to 3.531%, continuously retreating after opening high at 3.570%. The yield spread between the 2-year and 10-year German Bunds narrowed by 0.539 basis points to +43.859 basis points.
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